Becker's Healthcare June 25, 2024
The American Hospital Association denounced a new report that links hospital price hikes to job loss in local communities and increased suicide rates, saying findings are based on “extremely limited and disparate data.”
The study, published as a working paper by the National Bureau of Economic Research, indicated that for every 1% increase in healthcare prices, local employers’ head count decreases by about 0.4%, and payments for tax-funded unemployment insurance grow 2.5%. The authors used data from large insurers to evaluate how hospital prices changed after more than 300 mergers between 2010 to 2015. Their analysis of how rising healthcare prices affect the local economy is based on filings with the Labor Department on premiums for fully insured employers...
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