Health Payer Intelligence November 12, 2020
High healthcare spending is rampant across the US, but Anthem Blue Cross is using an exclusive provider organization and an artificial intelligence app to control costs.
In the San Francisco Bay Area, employers face the challenge of escalating healthcare spending.
This problem is not restricted to the Bay Area alone. Average premiums nationwide were around $7,470 for individuals and over $21,000 for families in 2020, a recent Kaiser Family Foundation survey revealed. This was a four percent increase for both groups compared to 2019 premiums, continuing an upward trend.
In California specifically, however, the average family’s premiums had risen 49 percent between 2008 and 2018 while wages declined, according to experts at the UC Berkeley Labor Center.
Additionally, in 2018,...
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