Employee Benefit News October 26, 2023
Paying for health care is increasingly straining U.S. adults as escalating medical costs converge with rising prices throughout the economy.
More than half of working-age Americans said they had difficulty paying for health care in 2023, according to a Commonwealth Fund survey published Thursday. Among people without insurance, more than three-quarters reported trouble affording care. But 43% of people with employer health plans said they had difficulty paying, and the rate was even higher among people on public health plans like Medicare and Medicaid.
The results highlight a fundamental problem in the $4.3 trillion U.S. health system: Despite spending more on medical care than any other wealthy country, the U.S. fails to make it broadly accessible to much of the...
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