Yahoo News May 2, 2019
The results of “the cost-sharing revolution” in health care — the decades-long shift of an increasing share of medical expenses onto patients, even for those with insurance — are not encouraging, a new report from The Los Angeles Times and the nonprofit Kaiser Family Foundation finds: “Soaring deductibles and medical bills are pushing millions of American families to the breaking point, fueling an affordability crisis that is pulling in middle-class households with health insurance as well as the poor and uninsured,” Noam Levey of The Los Angeles Times wrote Thursday.
Levey said that annual deductibles in employer-based health plans have nearly quadrupled in the last 12 years, and now average more than $1,300. However, more than 40% of workers in...