Even Insured Americans Can’t Afford Medical Bills

As premiums and deductibles soar, and inflation outpaces incomes, millions face financial ruin when they need medical attention.

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Millions of Americans are struggling under the crushing weight of rapidly rising health care costs.

Even with insurance, medical bills have become backbreaking as health care expenditures devoured more than 17 percent of the United States’ gross domestic product (GDP), an increase of 4.1 percent from the year before.

Runaway Growth of Health Costs

Over the past few decades, health care expenditures in the United States have skyrocketed.