Arguments on how to make the American health
care system more efficient and cost effective will continue for
generations.  One reason is the dramatic
differences in health care expenditures by different Americans.  According to Kaiser Family Foundation
study:  5% of the U.S. population
accounts for about 50% of all health care expenditures; but, 50% of the U.S.
population accounts for just 2.7% of all health care expenditures. 

On the surface, the above statistics seem ripe
for the use of insurance to spread the risk. 
But the “devil is in the details.” For more information, listen to Laurie Siebert CPA, CFP, AEP on this
week’s “Your Financial Choices” radio show: http://www.yourfinancialchoices.com.