Each year, 1 in every 20 Americans racks up just as much in medical bills as another 19 combined. This critical five percent of the U.S. population is key to solving the nation’s health care spending crisis.
If youre like the average American, you spend around $1,000 per year on health expenses. You likely dont often have to think about your deductibles and itemized health care costs.
But what if you get an appendicitis and need emergency surgery? Once the pain clears and you return home, the hospital bills begin to arriveand theyre pricey. At the end of the year, your health care expenses end up totalling $20,000, including the amount your insurance company paid. This puts you far above the national average of $912 per year…
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