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Anna Louie Sussman of The Wall Street Journal focuses on how middle class workers are struggling to pay for healthcare in a time when wages are stagnant, employers are cost-shifting, and deductibles are on the rise.
Read the full original article from The Wall Street Journal.
“A June Brookings Institution study found middle-income households now devote the largest share of their spending to health care, 8.9%, a rise of more than three percentage points from 1984 to 2014. Brookings defined “middle income” as those households with incomes between the 40th and 60th percentile of the income distribution. By 2014, middle-income households’ health-care spending was 25% higher than what they were spending before the recession that began in 2007, even as spending fell for other “basic needs” such as food, housing, clothing and transportation.”
Sussman goes on to cite stories of people who are having to carefully select the medical services they seek out and make choices between healthcare and other areas of their life.
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