AXIOS February 14, 2020
Employers, workers and families continued to spend a lot more on health care in 2018, but that wasn’t because people used more services, according to the latest annual spending report from the Health Care Cost Institute, which analyzes commercial health insurance claims.
The bottom line: Higher prices remain the main culprit for exploding spending among those with private health insurance.
By the numbers: Annual per-person spending among the commercially insured, after accounting for inflation and drug rebates that help reduce premiums, grew by an average of 3.8% between 2014 and 2018, according to HCCI.
- Three-quarters of that rise was...
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