Peter J. Cunningham of Virginia Commonwealth University’s School of Medicine found that the percentage of Americans with high medical cost burdens – those who spend more than 10 percent of their family income on out-of-pocket health care expenses – increased to 19.2 percent in 2011, after having stabilized at 18.2 percent during the 2007-9 recession.
The results show that people enrolled in nongroup coverage before the ACA were incurring high medical cost burdens – with about half spending more than 10 percent of their family income on health insurance and health care. The author notes that new coverage options offered by the insurance Marketplaces should allow many of them to reduce both premiums and out-of-pocket costs.
Study: The Share Of People With High Medical Costs Increased Prior To Implementation Of The Affordable Care Act, Peter J. Cunningham, Health Affairs, doi: 10.1377/hlthaff.2014.0216, published January 2015.
Source: Health Affairs