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March 26, 2013 3:21 PM Nearly Half of Health Spending for Richer Americans Is Tax-Financed

By Austin Frakt

Below is a pre-publication version of a chart that appears in Chris Conover’s The American Health Economy Illustrated.

How do individuals with incomes 400% or more of the federal poverty level get so much taxpayer assistance? The biggest single source is the exclusion from taxation of employer-sponsored health insurance. Medicare is the second biggest source. Additional detail in Exhibit 4 of the paper by Seldon and Sing, from which the data in the above chart were taken.

@afrakt

[Originally posted at The Incidental Economist.]

Austin Frakt is a health economist and an assistant professor at Boston University's School of Medicine and School of Public Health. He blogs at The Incidental Economist.