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In 2017, the U.S. spent $3.5 trillion on health expenditures.
That’s more than any other country and more than double the average among developed countries, according to the Committee for a Responsible Federal Budget. Every year, healthcare costs rise, putting additional strain on individuals, their families and their employers.
David Drake is vice president and benefits consultant at BXS Insurance. He can be reached via email at david.drake@bxsi.com.
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