Health Care Cost: $8,160 per Person
That's $32,640 for a family of four, according to the latest Health and Human Services report. But average family medical bills are nowhere near that amount. Why? Because most of these costs are hidden. About half is hidden in the taxes you pay.
The burden of health care will become even more disguised if the Commonwealth Foundation and health advisors to Barack Obama have their way. They want to increase the hidden (tax) burden in order to limit the visible expense to no more than 10% of income [see here].
Of course, they have it exactly backwards. We should limit everyone's tax burden to no more than 10% of income and let people have direct control of everything else.
This is mind boggling.
What isn’t hidden by the government is mainly hidden by employers.
I believe I read somewhere that the average family is spending more on other poeple’s health care than it spends on its own health care.