From the Health Affairs blog:
During a recession one would expect the percentage of people with high medical costs—those spending 10 percent or more of annual family income—to increase. But a Health Affairs Web First study released recently finds that during the 2007–09 recession, the percentage of Americans under age sixty-five with high medical cost burdens was mostly unchanged: 18.8 percent in 2009, compared to 19.2 percent in 2006. Peter Cunningham of the Center for Studying Health System Change reports that the percentage remained constant because lowered family income was offset by decreased out-of-pocket spending on health services. This study updates Cunningham’s previous Health Affairs study on the same subject.
Read the complete post here.