By Tara Fugate
MNA Strategic Researcher
According to a new report, hospital prices went up even though usage of healthcare actually went down. Sadly, the takeaway shows that what a patient pays for healthcare determines how much they’re able to seek care and actually be healthy. The Health Care Cost Institute (HCCI) report, “Healthy Marketplace Index,” analyzed more than 1.8 billion commercial claims from 2012 to 2016, HCCI’s report shows commercial healthcare prices increased by 13 percent (almost 3 times faster than inflation) while utilization of services dropped 17 percent nationwide.
It’s not just what healthcare costs that matters either.
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