Economy: Economic News, Policy & Analysis - The Washington Post: Earn an average salary? Covering your health spending will take 58.3 workdays

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Earn an average salary? Covering your health spending will take 58.3 workdays
Dec 23rd 2012, 14:15

We usually think about the growth in health care spending in straight dollars, the number put toward medicine from one year to the next.

Chris Conover has another way of going about it: He recently graphed the number of work days, paid at average wage, necessary to buy an average amount of health care. Right now, the average worker needs to work nearly two months of eight-hour work days 58.3 days, to be exact to purchase the average amount of health care spending. Back in 1958, that number stood at 14.8 days.

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