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Hospital Costs.pdf

HospitalCosts-report.pdf
Preview of Hospital Costs
🔗 Source: cdn.americanprogress.org
📊 Size: 696 KB
📄 Pages: 27 pages
⬇️ Downloads: 418

Summary

Health care costs are a top concern, with per capita expenditures reaching $10,739 in 2017 and projected to grow over 5.5% annually. Hospitals receive $1 out of every $3 spent on health care, with the US projected to spend $1.3 trillion on hospital care in 2019. Hospitals boast an 8% margin, with total revenues exceeding expenses by $64 billion in 2016. High prices are driven by market power, consolidation, and price variation, with commercial insurers paying about twice what Medicare does for hospital care. Policy options to reduce costs include ending abusive billing practices, implementing reference pricing, rate regulation, and antitrust measures.

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Description

Health care costs are a top concern, with per capita expenditures reaching $10,739 in 2017 and projected to grow over 5.5% annually.

Technical Information

  • File Format: PDF
  • File Size: 696 KB
  • Pages: 27
  • Language: EN
  • Total Downloads: 418
  • Last Updated: 2 days ago

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