Home    News & Publications    Inflation Rate for Living Expenses and Health Insurance

Inflation Rate for Living Expenses and Health Insurance

November 27, 2019

Financial Connections, on a regular basis, analyzes the assumptions we make in financial plans. One such assumption is inflation. As we all know, inflation is not consistent for all expenses. One of the major inflation variables centers around health insurance.

According to Modern Healthcare, inflation increased to its highest level in five years. The analysis was based on statistics by the U.S. Bureau of Labor Statistics. It was 10.7% higher than the previous 12 months.

In contrast, medical care services rose only 2.3%.

IN THE MEDIA

Financial Connections makes its staff available to journalists to share knowledge.

READ MORE

ABOUT FEE-ONLY SERVICES

No Hidden Costs. No Referral Fees. No Commissions.

As a fiduciary, we put our clients' interests first. Our compensation comes exclusively from you. If we don't directly provide a particular service, we can serve as a resource for referrals to other professionals.

Download the fee schedule Download Disclosure Form ADV Parts 2 & 3