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2014 Health Care Cost and Utilization Report for Privately Insured

The Health Care Cost Institute is out with its annual report on health care spending and use for those covered by employer-sponsored health insurance. Here are some of the report’s findings:

  • Growth in annual per capita spending has held fairly steady since 2011. Annual expenditures grew 3.4% in 2014.
  • Prices increased for all health services. Acute inpatient admissions rose 4.6% per capita from 2013 to 2014.
  • Spending on brand prescriptions jumped by $45 per capita in 2014, despite a nearly 16 percent decrease in use.
  • No surprise here — per capita costs increased with age, ranging from $2660 for those aged 0-18 to $$9466 for pre-Medicare adults aged 55-64.
  • In 2014 the average out-of-pocket expense for those covered by employee health plans increased $17 to $810 a year. Women’s out-of-pocket health costs were higher than for men: $927 compared to $690.
  • Use of health services declined in all categories except for generic prescriptions.
  • The volume of annual acute inpatient care admissions continued its decline, with an admission rate of 53 per 1000 individuals in 2014 compared to 59 per 1000 in 2010.

Source: 2014 Health care cost and utilization report. Health Care Cost Institute, Oct. 2015. http://www.healthcostinstitute.org/2014-health-care-cost-and-utilization-report

Posted by AHA Resource Center (312) 422-2050, rc@aha.org

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