Low Income Workers Spend a Higher % of Income on Insurance for Less Coverage than Middle and High Income Workers “..But compared to middle and upper-income employees, low-income workers are often offered less robust coverage, get less employer help with their premiums, and must pay a greater share of their income toward health care costs. […]
Continue readingWithout Medicare for All the Health Expenditures GDP will Rise from 17.9% in 2017 to 19.4% by 2027
Without Medicare for All the Health Expenditures GDP will Rise from 17.9% in 2017 to 19.4% by 2027 NHE Fact Sheet Historical NHE, 2018: NHE grew 4.6% to $3.6 trillion in 2018, or $11,172 per person, and accounted for 17.7% of Gross Domestic Product (GDP). Medicare spending grew 6.4% to $750.2 billion in 2018, or […]
Continue reading25% of Healthcare Spending is Wasteful– $760-$935 Billion Annually
25% of Healthcare Spending is Wasteful– $760-$935 Billion Annually “Findings The review yielded 71 estimates from 54 unique peer-reviewed publications, government-based reports, and reports from the gray literature. Computations yielded the following estimated ranges of total annual cost of waste: failure of care delivery, $102.4 billion to $165.7 billion; failure of care coordination, $27.2 billion to […]
Continue readingFewer Adults Have Difficulty Paying Their Medical Bills, but the Improvement Has Stalled
Fewer Adults Have Difficulty Paying Their Medical Bills, but the Improvement Has Stalled “There was modest but significant improvement following the ACA’s coverage expansions in the proportion of all U.S. adults who reported having difficulty paying their medical bills or said they were paying off medical debt over time (Table 4). Federal surveys have found […]
Continue readingInadequate Coverage Is Associated with More Cost-Related Problems Getting Needed Care
Inadequate Coverage Is Associated with More Cost-Related Problems Getting Needed Care The lack of continued improvement in overall access to care nationally reflects the fact that coverage gains have plateaued, and underinsured rates have climbed. People who experience any time uninsured are more likely than any other group to delay getting care because of cost […]
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