Health Care Costs Rising Sharply (And It Will Get Worse) – 06.29.16

  • Inquiring minds are diving into Kaiser Family Foundation reports on health care. The charts and stats are not pretty, and they are sure to get worse.
  • Health Care Expenditures 1960-2014
  • The above chart from the Kasiser Family Foundation report Health Spending Explorer.
  • Deductible Spending Soars
  • Between 2004 and 2014, average payments for deductibles and coinsurance rose considerably faster than the overall cost for covered benefits, while the average payments for copayments fell. As can be seen in the chart below, over this time period, patient cost-sharing rose substantially faster than payments for care by health plans as insurance coverage became a little less generous.

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Source: mishtalk.com

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