With an aging boomer generation the cost of healthcare will only get progressively worse. Compound that with the overall poor health of fat Americans and you have a perfect storm of healthcare woes.
The Census Bureau reports that median household incomes dropped from $49,777 to $49,445, a of 0.7%. The employer share of healthcare premiums increased from $9,773 to $10,994. So let's add this up:
2010: $49,777 + $9,773 = $59,550
2011: $49,445 + $10,994 = $60,439
That counts as an increase of 1.5%. Adjusted for inflation, this is still a net loss, but it's a smaller one: about -1.2% instead of -3.4%.
With continued declines in household cash and increases in healthcare coverage everyone is taking home even less.
