These States Spend the Most on Health Care: See the List
A WalletHub analysis found Alaska residents spend 10.1% of median monthly household income on medical care, the highest share nationwide.
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New Jersey residents spend 4th lowest share of income on health care, study finds - WRNJ Radio
NEW JERSEY — New Jersey residents spend the fourth lowest percentage of their income on health care costs in the nation, according to a new report released by personal finance website WalletHub. The report examined health care affordability across all 50 states by comparing the average cost of several key health care expenses against each state’s median household income. WalletHub found New Jersey residents spend an average of $501.49 per month …
South Carolina Residents Spend the 10th Lowest Percentage of Income on Health Care – WalletHub Study
Personal finance website WalletHub today released its report on the states where people spend the most and least on health care, and South Carolina ranked as having the 10th-lowest percentage of income spent on health care.
States Where People Spend the Most & Least on Health Care
Health care costs in the U.S. have steadily increased over time. For instance, Americans’ average annual out-of-pocket health care spending has risen from $811 to $1,514 over the past two decades, outpacing inflation. To identify where residents spend the largest share of their income on health care, WalletHub analyzed the prices of five key health care components across all 50 states, then combined those costs and compared them with each state’…
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