Healthcare costs in the United States have been steadily increasing and have caused significant financial distress to many American families. Despite the widespread availability of health insurance, many individuals still struggle to afford necessary medical care.
This issue is not only affecting low-income households but is also creeping into middle-class families who find themselves unable to cover out-of-pocket expenses. With insurance premiums and deductibles reaching new heights, the situation is looking rather bleak for the future. In this episode, I go over a recent survey by the Kaiser Family Foundation highlighting the severity of the situation.
About half of U.S. adults reported difficulties in affording healthcare costs, with one in four experiencing problems paying medical bills in the past year. This financial…