ACHIEVING A HEALTHY FUTURE FOR OUR CHILDREN, SCHOOLS, HEALTH SYSTEMS & STATES

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More Info:  Protecting Family Budgets

The Bureau of Labor Statistics data add yet another, disturbing perspective.

If you have the patience to work your way through it, the below chart shows how the script has flipped for families over the last 40+ years.

Yes, taxes used to be a much bigger burden on American families, while health costs were quite low.

Now, though, for middle-income families, health spending requires more than twice as much of their household income now as in 1980. In addition, those same families now spend more than twice as much on health care as they pay in income tax.

But it’s actually much worse: when the portion of their income taxes paying for federally-funded health care is factored in (e.g., Medicaid, Medicare, the ACA/Obamacare, the VA, employer health insurance tax deductions, etc.), families are typically spending 3-4 times more for (their & others’) health than they are paying in income taxes.

Income, taxes & costs graphic

Please see our latest slide deck for more details.