Why Is Your Health Insurance So Expensive? (Infographic)
Why is health insurance so expensive? Health insurance is so expensive in the US due to the costs of modern medical technology and provider price inflation. The high amount of chronic illness in America combined with the aging population are other main reasons why costs are continuing to increase.
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UPDATED: Sep 10, 2020
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Why is health insurance so expensive? How much should I expect to pay in health insurance? How can I lower my health insurance costs? These are all important questions that need answering, especially when you are switching health insurance providers.
With healthcare costs skyrocketing, this infographic takes a look at some of the primary reasons we are continuing to see increased costs even from the best insurance companies. Everything from an aging population to the cost of modern medical technology appears to be playing a part.
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