HealthLeaders Media January 27, 2020
Researchers stated that plans to move towards “more privately paid healthcare” would shift the burden further onto low-income households.
Households in the lowest income tier spent just over 33% of their income on healthcare costs in 2015, according to a RAND Corporation study published in the journal Health Services Research Monday morning.
While households in the highest income tier spent 16% of their income on healthcare, the study found that households in the middle-income tiers spent between 19.8% to 23.2% of their income on healthcare.
Households spent an average of $9,393 per person, or 18.7% of overall income, on healthcare costs, according to the study.
The findings offer a glimpse into the financial burdens faced by healthcare consumers as policymakers...
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