President Biden has begun to accuse stores of overcharging shoppers, as food costs remain a burden for consumers and a political problem for the president.
Healthcare expenditures are about 8% of average expenditures by Americans. Food is 12%, transportation is 16%. Housing is 34%. Maybe you can argue that healthcare prices have the most scope for reduction, but it’s literally incorrect to say that healthcare is “the big expense in our lives”.
Is that 8% figure including employer contributions to healthcare?
I myself pay a fraction of the $1500 monthly premium that is paid for me. I’m still working for that entire premium. I still have a high deductible plan and pay $300 out of pocket for the first several thousand dollars of deductibles for pcp followups.
Healthcare expenditures are about 8% of average expenditures by Americans. Food is 12%, transportation is 16%. Housing is 34%. Maybe you can argue that healthcare prices have the most scope for reduction, but it’s literally incorrect to say that healthcare is “the big expense in our lives”.
Is that 8% figure including employer contributions to healthcare?
I myself pay a fraction of the $1500 monthly premium that is paid for me. I’m still working for that entire premium. I still have a high deductible plan and pay $300 out of pocket for the first several thousand dollars of deductibles for pcp followups.