Health Care :: Health costs force increasing trade-offs in other spending

Those with health coverage who have experienced an increase in health care costs in the past year are more likely to report their household finances have suffered as a result.

They indicate that increased health care costs have resulted in a decrease in saving for retirement (36 percent, up from 25 percent in 2004) and other savings (53 per-cent) and in difficulty paying for basic necessities (28 percent, up from 18 percent) and other bills (37 percent, up from 30 percent).


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