Americans’ third biggest living expense is health insurance

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Premiums have risen to the point that they require 10.69 percent of an average annual salary. Health insurance premiums comprise a large amount of the average annual income of Americans and consumers are being forced to weigh their priority with other essential expenses, say the results of a new NiceRx study. The premiums paid represent about one dollar out of every ten the average American earns. To arrive at its results, the researchers from NiceRx used data from the Bureau of Economic Analysis, Value Penguin, World Population Review, and Patriot…

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