SOURCE: Axios
“In 1999, the average health insurance coverage for a family consumed 14% of the average household income … By 2017, family coverage absorbed more than double that amount, to about 31% of take-home pay.
Health insurance has hovered consistently around 31% of household income since 2012, as companies shifted their employees to plans that had steady premiums but higher deductibles and out-of-pocket costs — a strategy that has largely backfired.”
Health Care Is Gobbling Up Your Wages