Rising healthcare costs hits families in the pocketbook

September 8, 2011 2:17:01 PM PDT
Healthcare costs have risen faster than the cost of other goods and services in the US over the past decade.

That has apparently left many Americans financially worse off, according to a new Rand Corporation study. That's despite the fact that median income American families saw a 30 precent jump in income from 1999 to 2009.

Health spending grew more quickly and largely wiped out those gains.

The study's findings are published in the journal Health Affairs.