This Business News Story Was Uncovered By Us From: https://www.youngadultmoney.com/save-money-medical-costs/
This exclusive trade related news Piece, was chosen personally by Marcus lee, who is one of our undercover online business News flash reporters – will give you further insight in how these points of views could be translated into your own business ventures.
The saying goes “the United States has the best health care in the world…if you can afford it.”
While there are many trends that are concerning from a personal finance standpoint, such as high cost of living and stagnant wages, the two issues on the forefront of my mind on a daily basis are student loan debt and the high cost of health care.
I’ve addressed student loan debt extensively on this blog, and even dedicated my entire second book to the issue. While I’ve addressed medical costs from time-to-time, it deserves much more attention due to the magnitude of the issue.
The high cost of health care, and the strain it puts on individuals and families, has been in the headlines for years not. Recently the CEO of GoFundMe told CBS News that one-third of all donations made on GoFundMe go towards health care costs.
When we think of health care more broadly in the United States, U.S. health care spending grew 3.9 percent in 2017, reaching $3.5 trillion or $10,739 per person. This equates to approximately 18% of the United State’s GDP.
At the end of the day all that matters to most people is how much they will have to pay for medical costs, and if they have the money available. But the broader industry can have a big influence on the cost of health care at an individual level, so it’s important to not overlook the greater system.
The Affordable Care… Read More
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