More money is spent on health insurance but less money is spent on care.
U.S. Bureau of Labor Statistics numbers show more money is being spent on health insurance but less on care. Americans are spending more money on insurance premiums, and they’re spending less out of pocket on health services. The trend doesn’t reflect patients getting more health coverage for their insurance money, experts say. It reflects patients, even those with insurance, avoiding spending cash on health care they think can be put off.