Becker's Healthcare July 18, 2024
Commercial healthcare costs will increase by a projected 8% in 2025, driven by inflationary pressure, prescription drug spending and behavioral health utilization, according to a report from the PwC Health Research Institute.
The report estimates the projected increase in per capita costs of medical services and prescription medications that affect payers’ group and individual plans. Health insurers use the projection to calculate health plan premiums for the coming year.
For example, a 5% trend means that a plan that costs $10,000 per member in 2024 would cost $10,500 in 2025. The medical cost trend, or growth rate, is primarily influenced by changes in the price of medical products and services and prescription medications, known as unit cost inflation, and...
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