Just 1% of Americans accounted for 22% of health care costs in 2009, according to a federal report released Wednesday. That's about $90,000 per person, according to the Agency for Healthcare Research and Quality. Moreover, 5% accounted for 50% of health care costs, about $36,000 each, the report said. The report's findings can be used to predict which consumers are most likely to drive up health care costs and determine the best ways to save money, said Steven Cohen, the report's lead author. And, despite the high numbers, it did include a silver lining: In 1996, 28% of health care costs came from 1% of Americans, so the percentage is dropping.
ThinkAdvisor's TechCenter is an educational resource designed to give you a competitive edge by keeping you abreast of new tech innovations and need-to-know information that can be applied to your business.
Are you ready? Here are 10 ways you can grow your production now.
This guide will help your clients save money and make smarter decisions during their retirement.
The complete tax guide for Annuity Advisors
May 11, 2017
Mega trends continue to impact the wealth management industry. Trends such as new digital competition, increasing compliance standards, fee pressures, and an aging advisor population....
May 03, 2017
Join this complimentary webcast to understand how to better connect with consumers so you can develop high-value packages that work for both sponsors and beneficiaries...
Apr 12, 2017
Energize your firm’s productivity with technology by joining the experts at Envestnet as they share how to increase profitability and gain a competitive edge with...