Wallet, cash and stethoscope The ACA has shielded some from rising costs, but for lower-income Americans who have employer-sponsored, private insurance plans, premiums and out-of-pocket costs have continued to rise. (Photo: Shutterstock)

Having a job—and the employer-sponsored health insurance that usually goes with it—is not a guarantee that an individual or family won’t face financial hardship due to medical costs, according to a new analysis. The study finds that the percentage of income spent on health care by poorer Americans is more than three times the percentage spent by the wealthiest Americans.

The proposition that lower-income workers are more vulnerable to health care costs may not be surprising news, but the brief from the Peterson-Kaiser Health System Tracker provides real numbers in measuring the cost challenges that lower-income Americans face, even within the system of private, employer-based health insurance.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.