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healthcare costs increasing Faster than Personal Revenue
based on the Commonwealth Fund, wellness insurance expenses are rising faster than personal income in all 50 states. Deductibles and other out of pocket expenses continue to go up, although incomes are going down. The Commonwealth Fund's research identified several factors for the rise in health care expenses over recent years. Among the findings, it was found that employers are charging their employees higher costs to participate in wellness care plans. In addition, deductibles have risen 98 percent simply since 2003. This indicates that many people will call for to pay for their own healthcare costs out of pocket for a far better length of time ahead of their coverage kicks in. In addition, total premiums that employees pay annually average $3,721.
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