The cost of medical care is nearly $25,000 annually for the typical American family with health insurance coverage through their employer, according to a new study.
The 2015 Milliman Medical Index, which is published by consulting firm Milliman Inc., measures health costs of a typical family of four for a year. Unlike other health cost studies that tend to look at premiums paid by employers as well as employees and worker dependents, the Milliman index examines total cost of health services used by a family, including "out of pocket expenses used at the time of service."
Annual cost of be...