Per Capita Healthcare Spending Grows 4.6%, Driven by Price Hikes

Healthcare spending for people with employer-based insurance rose 4.6 percent in 2011, a significant step up from the 3.8 percent growth rate in 2010, according to a report from the Health Care Cost Institute (pdf).

Advertisement

The total amount of healthcare spending per person with job-based health coverage equaled $4,547. Similar to HCCI’s 2010 Health Care Cost and Utilization Report, the 2011 report looked at the prices, utilization and spending of people younger than 65 covered by employer-sponsored private health insurance. HCCI reviewed claims for 40 million people, 7 million more than the 2010 report.

Here are some of HCCI’s other main findings:

• In 2011, healthcare spending for children increased 7.7 percent from 2010 to a total of $2,347 — the highest growth rate of any age group.

• Per capita out-of-pocket spending totaled $735 per person on average, which also was a 4.6 percent increase from 2010.

• The average facility price for an inpatient surgical admission for someone with employer-based insurance rose 8.5 percent to $29,858. The average price for an inpatient hospital admission was $15,674, an increase of 5.3 percent from 2010.

• Spending on outpatient facility services grew 6.8 percent, the fastest of any service category in 2011.

According to HCCI, this data “suggests that 2011 is a potential transition year and that the growth in healthcare spending in 2012 needs to be closely watched.”

More Articles on Healthcare Spending:

3 Lessons From Massachusetts’ Healthcare Reform

New Mass. Law Looks to Curb Healthcare Spending

California Surgery Prices Vary Vastly by Area

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Practice Management

Advertisement

Comments are closed.