Post-Recession Incomes Will Be Hit Hard by Health Care Spending for Middle Class Working Families, PENN Analysis Shows
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All Rights ReservedJuly 31, 2009 Friday 3:30 PM EST
PHILADELPHIA, July 31 /PRNewswire-USNewswire/ — In a post-recession America, even though as a nation income levels may rise, middle class families still won’t be shielded from the crushing burden of health care costs and will watch their standards of living continue to erode, according to a study published this week in the New England Journal of Medicine (NEJM) by Daniel Polsky, Ph.D., and David Grande, M.D., M.P.A, of the University of Pennsylvania’s Leonard Davis Institute of Health Economics.