Low-income Americans, older people and women pay a greater share of their incomes toward out-of-pocket health costs than do others, according to a new report issued Tuesday.
The broad analysis of spending by more than 2 million Americans also found that there is a strong correlation between when people tend to pay their out-of-pocket health costs and the months of March and April, when most people get their income tax refunds.
And the report from the JP Morgan Chase Institute found that out-of-pocket health spending was highly concentrated among relatively few families.
