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The Wall Street Journal: Health-Care Spending Soars in New York State

Melanie Grayce West
July 30, 2019

HCCI’s report with the New York State Health Foundation on health care spending in New York was recently featured in a Wall Street Journal article.

From the article: 

“Health-care spending on New Yorkers who get insurance through work is higher and rising more sharply than the national average. The main reason, according to a new report, is price growth.

Rising prices of doctor visits, inpatient services and prescription drugs—particularly hormones and anti-infective drugs—drove per-person spending in the state to $6,335 in 2017 from $4,982 in 2013, according to a report Tuesday from the private New York State Health Foundation and the research nonprofit Health Care Cost Institute. Nationally, per-person spending was $5,641 in 2017, up from $4,834 in 2013.

The annual average rate of growth in per-person spending from 2013 to 2017 was 6.2% in New York, compared with 3.9% nationally. The report includes analyzed data for nearly 2.1 million people under the age of 65 covered by group insurance through an employer.”

The Wall Street Journal: Health-Care Spending Soars in New York State
Health-Care Spending Soars in New York State – WSJ

Outlays for New York state residents insured through work rise more sharply than the national average. Prices are climbing for doctor visits, inpatient services and prescription drugs.

https://www.wsj.com/articles/health-care-spending-soars-in-new-york-state-11564459260

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Topics: New York Spending Wall Street Journal

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