> I'm not sure where you're getting the $20,000/year healthcare spending number, but that looks like it is too high by an order of magnitude.
Certainly not by an order of magnitude.
In the US if you are single and work for a well-funded company (e.g. FAANG types) they will probably cover 100% of the health care premiums monthly and your deductibles will be low, so a couple thousand out of pocket is realistic.
Any other scenario though, it's going to be much more. Very few companies cover all the health care costs for the family of the employee. I've paid anywhere between $1K/mo to $2K/mo for full-family coverage while employed, with the employer covering the rest (total cost is over 40K/yr).
Certainly not by an order of magnitude.
In the US if you are single and work for a well-funded company (e.g. FAANG types) they will probably cover 100% of the health care premiums monthly and your deductibles will be low, so a couple thousand out of pocket is realistic.
Any other scenario though, it's going to be much more. Very few companies cover all the health care costs for the family of the employee. I've paid anywhere between $1K/mo to $2K/mo for full-family coverage while employed, with the employer covering the rest (total cost is over 40K/yr).