Modern Healthcare April 15, 2019
The poorest employer-insured families spend nearly one-fifth of their income on average on premiums and co-pays if not everyone on their plan is healthy.
If everyone’s healthy, that same family would spend about 13% of their income on premiums and out-of-pocket health costs. As family incomes grow, their rate of healthcare spending decreases, according to new analysis by the Kaiser Family Foundation and the Peterson Center on Healthcare.
The authors Gary Claxton, Bradley Sawyer and Cynthia Cox argued the trend could be part of “what is fueling interest in proposals like Medicare-for-all and options for employers and/or workers to buy into Medicare.”