Medical costs are rising across the United States, and patients are left paying a bigger percentage of the bill. Most Americans, whether their health insurance is provided through an employer, the Affordable Care Act exchange or the open market, are paying a higher share of their medical care costs than ever before through increased co-pays and deductibles.
Pharmaceutical costs are rising drastically as well, as consumer are paying a greater share of those costs and some insurers are providing no coverage for high-priced drugs.
With medical and drug costs rising so significantly, Americans who experience a serious illness can find themselves facing thousands or even tens of thousands of dollars in medical bills that aren’t covered by insurance.
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