LITTLE ROCK, AR - One out of every ten Arkansans belonging to a family that will spend more than 25 percent of their pretax earnings on out-of-pocket medical expenses next year, a new study shows.
The study by the nonprofit and nonpartisan Families USA group in Washington, D.C. It shows nearly 28 percent of Arkansans will see their families spend more than ten percent of their earnings on health care not covered by insurance. Of those, the study shows more than 75 percent have health insurance.
The Families USA study pins the blame on rising health care costs, higher deductibles for insurance plans and what it says is the nearly unregulated power of insurance companies.
The study is part of a state-by-state series. The study bases its estimates on a statistical model by The Lewin Group of Virginia and federal census, Medicaid and Medicare data.