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Families spent on average $714 or 1.6 percent of their take-home income on out-of-pocket health care spending in 2016. (Image: Shutterstock)

As the average family brings in more income, they also tend to spend more on out-of-pocket health care costs, according to JPMorgan Chase Institute’s report, “Paying Out-of-Pocket- The Healthcare Spending of 2 Million US Families.”

Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.

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