How health care costs contribute to income disparity in the United States

How health care costs contribute to income disparity in the United States
March 19, 2019 McKinsey & Company
hospital

Recent trends in health care costs, health care coverage, and household income have contributed to growing disparities between different income groups in the United States. This article reveals how US workers have come to expect employers to pay for some part of employee health insurance; many consider this an important part of overall compensation. However, recent economic trends have resulted in a growing disparity in health care coverage and affordability. A study by the McKinsey Global Institute (MGI) identified three divergent categories of workers that are emerging from trends in health care coverage and income growth.

Read more

Listen to our free monthly podcast!

Listen
SUBSCRIBE TO OUR NEWSLETTER