STAT July 23, 2019
The rising cost of health care has become one of the largest sources of stress on American household budgets in the 21st century. More than one-quarter of Americans report problems paying medical bills in the past year, and many are sacrificing spending on basic necessities like food and clothing to pay medical bills. It’s no wonder that nearly 70% of Americans want lawmakers to make reducing health care costs a top priority.
Congress has gotten the message and is finally starting to work on surprise medical bills and prescription drug costs.
But there’s a hidden piece of the cost conundrum. Not only are health care costs robbing families, they’re also robbing states of the ability to invest in the suite...