A year after the passing of health reform, a new industry report revealed that consumers may be paying billions of dollars more in out-of-pocket health care expenses than was previously thought.
These "hidden" costs of health care -- like taking time off to care for elderly parents -- add up to $363 billion, according to a report from the Deloitte Center for Health Solutions, a research group.
That amounts to $1,355 per consumer, on top of the $8,000 the government says people spend on doctor fees and hospital care.
"We're surprised that this number came in so high. It's significant," said Paul Keckley, executive director with the group.
"These costs can add up to billions of dollars, even eclipsing housing as a household expense," said Keckley.
Wednesday, March 23, 2011
The more we learn about this abonination, the worse it gets.
Posted by traderrob at 4:48 AM