Health Care For A Family Of Four Now Costs More Than The Groceries To Feed Them For An Entire Year

http://thinkprogress.org/health/2013/05/22/2048481/health-care-grocery-costs/

By Tara Culp-Ressler posted from ThinkProgress Health on May 22, 2013

As medical costs continue to rise, the annual health expenses for a family of four now exceed the typical of cost of their groceries during the same time period, according to a new report from consulting firm Milliman, Inc.

The firm estimates that a typical family of four with an employer-sponsored health plan will end up incurring about $22,030 for all of their medical costs in 2013. That represents a 6.3 increase from last year, when the typical family racked up $20,728.

Some of that total sum ends up being covered by the family’s health insurance plan — the firm’s analysts found that employers paid about 58 percent of the total health care costs — but a big chunk of it falls onto the family itself. The average family pays more than $9,000 in payroll deductions and out-of-pocket bills for their health care, which is more than they typically spend on groceries and gas for an entire year

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