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Regional Vice President of Sales The Retirement Plan Company
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2013 Milliman Medical Index Finds Annual Cost of Family Health Care Has Risen to $22,000
Milliman May 22, 2013
"The total share of this cost borne directly by the family -- $9,144 in payroll deductions and out-of-pocket costs -- now exceeds the cost of groceries for the MMI's typical family of four. The out-of-pocket cost alone -- $3,600 for co-pays, coinsurance, and other cost sharing -- is more than the average U.S. household spends on gas in a year.... The employer pays a significant share of our typical family's healthcare cost; some of these costs are not visible in the family budget. But for four of the last five years, our family has seen a larger percentage increase in costs than the employer."
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