Stethoscope on money (Photo: Shutterstock)

McKinsey & Co. recently released their report on health care outlook for the next three years, which unsurprisingly predicts health care costs to increase. Specifically, the report predicts a 10% annual increase in overall health care spending between now and 2026. Moreover, persisting inflation and recession fears combined with the impending health care increases are likely to further strain American wallets.

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