New report shows average annual Medical Spending for families
A new report from the Milliman Medical Index looks at the average American medical spending for a family of four.
One of their major findings:
Healthcare costs, via premium payments and out-of-pocket medical expenses, make up 14% of the average household income of about $50,000.
The report also looks at healthcare spending by geographic region and the increase in employee/employer increase in contributions.
View the Milliman Medical Index here.
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About the Author: Renee is a Co-Founder of MomsToWork and a mom to two great kids. Follow @reneeyaborough
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