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 vary 39-fold within Tampa, Florida and the cost of...
% Total Medical Spending % Out-of-Pocket Medical Spending % Medical Charges% Medical Utilization All Medical Care 11.8 15.6 12.317.2Inpatient Care7.95.68.04.8Outpatient Care13.116.513.717.2 In response to high and growing health care spending, policymakers have proposed improving price transparency as a solution. Several such proposals rely on consumers taking action on publicly av...
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
$2 million grant will support HCCI's ongoing work to study drivers of health care spending WASHINGTON (December 23, 2019) — The The Health Care Cost Institute (HCCI) today announced a $2 million grant from the Robert Wood Johnson Foundation (RWJF) that will support a significant expansion of HCCI's commercial claims data. With new data sources, and enabled by this grant, HCCI's commercial claims d...
HCCI'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 Care Cost Institute, a Washington think tank. The...
