Rising health costs pose long-term financial threat to families, study says

BOSTON – Spiraling health care costs pose a grave fiscal threat to families, threatening to eat up as much as 45 percent of household incomes and crowd out other basic needs within two decades, according to a recent study. "You're looking at an unprecedented fiscal crisis for American families," said Matt Blackbourn, the author of the study from the Pioneer Institute in Boston.

BOSTON – Spiraling health care costs pose a grave fiscal threat to families, threatening to eat up as much as 45 percent of household incomes and crowd out other basic needs within two decades, according to a recent study. "You're looking at an unprecedented fiscal crisis for American families," said Matt Blackbourn, the author of the study from the Pioneer Institute in Boston.…