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The largest pharmacy benefits manager in the U.S. recently released its annual 2014 Drug Trend Report, indicating the biggest jump in prescription drug spending since 2003.
According to Express Scripts, prescription drug spending jumped 13.1% from 2013 to 2014. The …
The Bureau of Economic Analysis (BEA) recently announced a new Health Care Satellite Account (HCSA) that estimates spending and price growth by disease category (e.g. cancer, infectious disease). This approach differs from the official categorization of health spending by service …
Health and Human Services Secretary Sylvia M. Burwell announced today a new strategy to transform the health delivery system, with a stated emphasis on quality and cost reduction.
The most significant change to come with the Secretary’s announcement will be …
In a newly released working paper, Brookings economist Louise Sheiner, examines the relationship between changes in the economy and growth in health spending.
Looking at national trends over time, the paper finds “a large income responsiveness for spending components that …
The questions of how best to care for an aging population and what effect this care will have on the federal budget are increasingly on the forefront of providers’ and policymakers’ minds. A new report from the Kaiser Family Foundation …
In this blog post, we take a look at how utilization and price of healthcare in the United States compare to similarly wealthy and sizable OECD countries. The analysis uses 2013 health utilization data from the OECD Health Statistics database, …
The growth in health spending has slowed to historically low levels in recent years, leading to intense interest in monthly and quarterly reports of health spending that were previously only followed by a small group of technical experts.
Although there …
The recent slowdown in health spending growth continued through 2013, according to a new report released by the Centers for Medicare and Medicaid Services (CMS). Health spending per capita grew at 2.9% in 2013, a continuation of the historically low …
While health spending growth has slowed in recent years, over the long-term healthcare costs have grown significantly, with per capita spending increasing about tenfold since the early 1980s. Health spending growth has consistently outpaced U.S. economic growth and is higher …
Family health coverage increased 3% in 2014 and now averages $16,834 annually, according to the 2014 Employer Health Benefits Survey. Covered workers contribute $402 per month, or $4,823 annually for family coverage. Premiums for single-coverage plans are $6,025, similar to …