Where Your Paycheck Is Going
If you are wondering why your hourly wage or your salary aren’t rising as quickly as you like, or why your bank account at the end of the year hasn’t grown as much as you intended, don’t forget to take into account just how much more you are probably paying out-of-pocket for the medical care you receive each year. Here’s a picture from the Kaiser Family Foundation, showing that deductibles are rising much faster than insurance premiums and, sadly, than our wages: