healthcare costs News

Health Costs in Record Slowdown But Do Consumers Notice?

The price of health care has grown more slowly than core consumer prices—what Americans spend on everything except food and energy—over the past five years. It’s the first time that’s happened since record-keeping started in 1959. That’s a remarkable break from decades of health-care prices …

Here’s What’s Happening to Healthcare Costs for Typical Family

The cost of healthcare for a typical American family of four will rise about 6.3 percent this year, or $1,456, driven in great measure by higher prescription drug prices. The latest study by the consulting and actuarial firm Milliman Inc. …

Concerns Over Patient Safety a Top Concern for Hospital Leaders, Risk Managers: Study

The lack of teamwork combined with a negative culture and poor communication in hospitals today presents a barrier when it comes to patient safety in the future, according to a new survey. The survey results revealed a tension between what …

Obamacare to Hike Some, Lower Other Individual Health Premiums: Sebelius

President Barack Obama’s top healthcare adviser acknowledged on Tuesday that costs could rise in the individual health insurance market, particularly for men and younger people, because of the landmark 2010 healthcare restructuring due to take effect next year. U.S. Health …

A University Health System Says It Will Stop Hiring Smokers in Pennsylvania

The University of Pennsylvania Health System says it plans to stop hiring smokers and tobacco users. The policy starts in July at a system that includes the Hospital of the University of Pennsylvania. Applicants must be tobacco free for six …

Study Urges National Healthcare Spending Target

The United States could save $2 trillion in healthcare spending over the next decade, if the U.S. government used its influence in the public and private sectors to nudge soaring costs into line with economic growth, a study released on …

Cypress Benefit Administrators Adds Captive Health Insurance for Employers

Cypress Benefit Administrators, a national third party administrator (TPA) based in Appleton, Wisc., and with locations in Portland, Ore., Omaha, Neb. and Pueblo, Colo., has launched CypressCap group captive insurance option for employers with 50 or more employees. With healthcare …

Health Plan Cost Rate Hikes Lower for Large Employers in 2012: Aon

In 2012, large U.S. companies and their employees saw the lowest health care premium rate increases in six years, according to an analysis by Aon Hewitt, the global human resources firm. The average health care premium rate increase for large …

Employers Committed to Offering Health Plans; Cost Seen Going Up 5.3% in 2013

Following the U.S. Supreme Court decision on health care reform, most employers (88 percent) have affirmed their commitment to offer health care benefits to their active employees for the foreseeable future, according to a survey of 440 midsize to large …

Healthcare Costs for Insured American Family Top $20K in 2012: Milliman

The average cost of healthcare for a typical American family of four in an employer- sponsored health plan in 2012 is $20,728. That is a 6.9 percent increase over the 2011 total but the lowest rate of increase in the …