Managed Healthcare Executive May 29, 2024
More than 25% of low-income families’ earnings go toward healthcare costs.
Private healthcare is becoming more expensive for the nearly 180 million American families covered, according to the results of a study published yesterday in a JAMA Internal Medicine research letter.
A cross-sectional study led by Sukruth A. Shashikumar, M.D., a clinical fellow in medicine at Brigham and Women’s Hospital in Boston and Rishi K. Wadhera, M.D., M.P.P., M.Phil., of Beth Israel Deaconess Medical Center and Harvard Medical School in Boston, looked at Medicare Expenditure Panel Survey Data (MEPS) from 2007 to 2019 to gather healthcare cost information from 96,075 privately insured families. The total healthcare spending of a family was calculated using families’ contributions to premiums plus out-of-pocket medical...
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