Many of the most common health-related costs that Americans face increased over the course of 2015 or are set to increase in 2016. Premiums of health insurance plans offered through Affordable Care Act exchanges have increased 10.1 percent on average from 2016, according to a 2015 cost analysis from the Kaiser Family Foundation.
For employer-provided plans, premiums rose 9 percent in 2015. On top of higher premiums, health insurance deductibles have risen six times faster than wages since 2010, reported The New York Times. The costs of prescription drug prices are also up this year after rising 10.4 percent in 2015, as calculated by the OneRx National Drug Index.Read more