Missouri Ranks # 22 When It Comes To Healthcare Costs & Inflation Nationwide

Over the past 20 years with the average out-of-pocket health care costs almost doubling and outpacing inflation on the way, Missouri ranks right about in the middle when it comes to the most and least being spent on health care.

That’s according to a study by personal finance website WalletHub.com which gives the Show-Me State a number-22 ranking.

Five key health care components were crunched together for the study to come up with the overall cost of health care as a share of median monthly household income.

Massachusetts, New Jersey and Maryland spend the least on health care costs while West Virginia, Louisiana and Mississippi spend the most.

Full Report:

With out-of-pocket health care expenditures rising sharply in recent years, the personal-finance website WalletHub today released its report on the States Where People Spend the Most & Least on Health Care to shed light on where Americans are having the most trouble affording essential care.

To determine where people are spending the greatest percentage of their earnings on health care, WalletHub analyzed the prices of five key health care components in each of the 50 states, then added these costs together and compared them to the median household income.

To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/states-where-people-spend-the-most-least-on-health-care/144534