Congressional spending plan: What’s in it for healthcare, and what isn’t
Chief Healthcare Executive December 21, 2024
Drug expenses, cost sharing spike Massachusetts health spending
Healthcare Finance News March 18, 2024
This spending, which authors described as ‘unchecked,’ is due largely to non-claims payments, pharmaceutical costs and outpatient care.
Total Health Care Expenditures (THCE) in Massachusetts totaled $71.7 billion in 2022, and from 2021 to 2022, THCE per capita increased 5.8% to $10,264 per resident – far above the national rate of 4.1%, according to a new report from the Center for Health Information and Analysis.
This spending, which authors described as “unchecked,” is due largely to non-claims payments, pharmaceutical costs and outpatient care, and the effect is beginning to be felt by Massachusetts residents, they said.
Between 2020 and 2022, member cost-sharing, premiums, and claims covered by payers and employers increased faster than regional inflation and wages and salaries, numbers...
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