More than half of Americans with health insurance coverage experienced an increase in health care costs in the past year, according to the 2008 Health Confidence Survey released by the Employee Benefit Research Institute. Most who experienced cost increases also reported that these increases had a negative effect on their household finances. In particular, increased health care costs resulted in decreased contributions to retirement and other savings and difficulty in paying for necessities and other bills.
Source: Family Economics News -- Nov. 2008
Bob Flashman
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