Prices
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Compared to What? Baseline Understanding of the Distribution of Hospital Care
Read more: Compared to What? Baseline Understanding of the Distribution of Hospital CareThe pandemic of a new coronavirus, COVID-19, is increasing demand on hospitals as unprecedented numbers of people with respiratory disease seek treatment. In addition to straining hospital resources directly related to care of COVID-19, the outbreak may also displace other types of care. In this analysis, we hope to inform the understanding of the distribution…
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HCCI releases 2018 Health Care Cost and Utilization Report
Tags: Drug Spending, HCCI News, HCCUR, HCCUR News, Inpatient Spending, Outpatient Spending, Physician Spending, Prices, UtilizationRead more: HCCI releases 2018 Health Care Cost and Utilization ReportPer-Person Health Care Spending Grew 18% from 2014 to 2018, Driven Mostly by Prices After remaining stable for several years, utilization increased slightly in 2018 Access the report here. WASHINGTON D.C. — Average employer-sponsored insurance (ESI) spending rose to $5,892 per person in 2018, according to the Health Care Cost Institute’s annual Health Care Cost…
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2018 Health Care Cost and Utilization Report
Read more: 2018 Health Care Cost and Utilization ReportThe 2018 Health Care Cost and Utilization Report presents data on health care spending, utilization, and average prices from 2014 through 2018 for individuals under the age of 65 who receive health insurance coverage through an employer. The report draws on data from more than 2.5 billion medical and prescription drug claims for approximately 40…
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The Washington Post: The Health 202: Health-care costs might decline if hospitals are forced by the Trump administration to disclose their prices
Read more: The Washington Post: The Health 202: Health-care costs might decline if hospitals are forced by the Trump administration to disclose their pricesHCCI research on the potential effects of price transparency on price variation was cited in a recent Washington Post article. “There is more wiggle room on the high side — it could make up for price increases on the lower side,” said Kevin Kennedy, one of the study researchers. The Health 202: Health-care costs might decline…
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What if Price Transparency Reduced Commercial Price Variation?
Read more: What if Price Transparency Reduced Commercial Price Variation?As previous reports have indicated, there is widespread price variation in the U.S. commercial health care system. Many studies have shown that prices are dramatically different not only across geographies, but they vary substantially even within the same market for the same service. For example, we found that prices for the same blood tests could…
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The New York Times: In the U.S., an Angioplasty Costs $32,000. Elsewhere? Maybe $6,400.
Tags: Administered Drugs, Commercially Insured, Drug Spending, Inpatient Spending, Outpatient Spending, Prices, The New York TimesRead more: The New York Times: In the U.S., an Angioplasty Costs $32,000. Elsewhere? Maybe $6,400.HCCI’s work with iFHP on international comparisons of health care prices was featured in a New York Times article. In the U.S., an Angioplasty Costs $32,000. Elsewhere? Maybe $6,400. – The New York Times Enter some description here… https://www.nytimes.com/2019/12/27/upshot/expensive-health-care-world-comparison.html?smid=nytcore-ios-share
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Los Angeles Times: Not everyone has eye-popping deductibles: How one union kept medical bills in check
Read more: Los Angeles Times: Not everyone has eye-popping deductibles: How one union kept medical bills in checkHCCI’s 2017 Health Care Cost and Utilization Report was cited in a Los Angeles Times article. From the article: “Between 2013 and 2017, the average price nationally for an inpatient hospital admission rose more than 15%, almost three times the rate of general inflation, according to an analysis of commercial insurance data by the Health…
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Vox: A CT scan costs $1,100 in the US — and $140 in Holland
Tags: Administered Drugs, Commercially Insured, Drug Spending, Inpatient Spending, Outpatient Spending, Prices, VoxRead more: Vox: A CT scan costs $1,100 in the US — and $140 in HollandHCCI’s work with iFHP on international comparisons of health care price was featured in a Vox article. America’s health care costs problem, explained in 4 charts – Vox America’s health care prices problem, in four charts. https://www.vox.com/policy-and-politics/2019/12/17/21024614/us-health-care-costs-medical-prices
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International comparisons of health care prices from the 2017 iFHP survey
Tags: Administered Drugs, Commercially Insured, Drug Spending, Inpatient Spending, Outpatient Spending, PricesRead more: International comparisons of health care prices from the 2017 iFHP surveyThe International Federation of Health Plans (iFHP), a CEO network of the global health insurance industry based in London, in partnership with the Health Care Cost Institute (HCCI) in the United States, and iFHP member companies in eight countries, today published the latest International Comparison of Health Prices Report. The report compares the median prices…
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Health Services Research: Comparing Different Methods of Indexing Commercial Health Care Prices
Read more: Health Services Research: Comparing Different Methods of Indexing Commercial Health Care PricesThe methodology for HCCI’s Healthy Marketplace Index was published in a Methods Brief for Health Services Research. Abstract Objective: To compare different methods of indexing health care service prices for the commercially insured population across geographic markets. Data Sources: Health Care Cost Institute commercial claims data from 2012 to 2016. Study Design: We compare price indices computed using…