Seventy-six percent of respondents to a recent survey believe their health care costs increased in the past year and nearly half of Baby Boomers said their costs drastically rose.
Nearly 40 percent of Americans do not understand their medical bills or explanation of benefit statements, according to survey results. Mountain View, Calif.-based Intuit Inc., vendor of the Quicken Health financial management software, commissioned the online survey. Decipher Research, Fresno, Calif., conducted the survey. Other findings include:
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