KEy iNFORmATiON ON HEALTH CARE COSTS AND THEiR imPACT 2012 doc

HEALTH CARE COSTS A PRimER mAy 2012 KEy iNFORmATiON ON HEALTH CARE COSTS AND THEiR imPACT [...]... Family Foundation calculations using data from U.S Department of Health and Human Services, Agency for Healthcare Research and Quality, Medical Expenditure Panel Survey (MEPS), 2009 HEALTH CARE COSTS: KEY INFORMATION ON HEALTH CARE COSTS AND THEIR IMPACT 9 What Do Health Expenditures Pay For and Who Pays For Them? Most health care spending is for care provided by hospitals and physicians Health care spending... Employer-Sponsored Health Benefits, 1999-2011 HEALTH CARE COSTS: KEY INFORMATION ON HEALTH CARE COSTS AND THEIR IMPACT 19 Employer shares of payroll going toward health insurance costs continue to rise Among workers with access to health insurance at their job, the percentage of payroll paid by employers for health insurance has risen steadily in recent years The median employer contribution (i.e.,... 2003.18 The 2010 proportion (21%) was similar to the 19% in 2007, which the authors indicate may be attributable to a decreased use of medical care by people who lost jobs and health insurance during the 2007-2009 recession and those who reduced their medical HEALTH CARE COSTS: KEY INFORMATION ON HEALTH CARE COSTS AND THEIR IMPACT 21 care because of uncertain economic conditions The uninsured were more... http://www.cms.hhs.gov/NationalHealthExpendData/ (see Historical; National Health Expenditures by type of service and source of funds, CY 1960-2010; file nhe2010.zip) HEALTH CARE COSTS: KEY INFORMATION ON HEALTH CARE COSTS AND THEIR IMPACT 13 Figure 11: Cumulative Percent Change in National Health Expenditures, by Selected Sources of Funds, 2000-2010 Notes: This figure omits national health spending that belongs in the... doses of medicine Had problems getting mental health care ‘Yes’ to any of the above Source: Kaiser Family Foundation Health Tracking Poll (conducted August 10-15, 2011) HEALTH CARE COSTS: KEY INFORMATION ON HEALTH CARE COSTS AND THEIR IMPACT 17 Health insurance premium increases consistently outpace inflation and the growth in workers’ earnings The growth in health insurance premiums is a straightforward... subscription database http://www.oecd-ilibrary.org, data accessed on 01/10/12 HEALTH CARE COSTS: KEY INFORMATION ON HEALTH CARE COSTS AND THEIR IMPACT 7 How Does Health Care Spending Vary by Person? A small share of people accounts for a significant share of expenses in any year In 2009, almost half of all health care spending was used to treat just 5% of the population, which included individuals with health. .. Actuary, National Health Statistics Group, July 2011, “National Health Expenditures 2010-2020,” Table 1, https://www.cms.gov/NationalHealthExpendData/downloads/proj2010.pdf HEALTH CARE COSTS: KEY INFORMATION ON HEALTH CARE COSTS AND THEIR IMPACT 5 After years of increases, the rate of increase in national health spending has been declining since 2002 Since 2002, when the rate of increase in national spending... http://www.oecd.org/std/ppp; includes only countries over $2,500 OECD defines Total Current Expenditures on Health as the sum of expenditures on personal health care, preventive and public health services, and health administration and health insurance; it excludes investment Source: Organisation for Economic Co-operation and Development “OECD Health Data: Health Expenditures and Financing”, OECD Health Statistics Data... spending on health care grow faster than overall economic growth?23 Wealthier countries can afford to spend more on health care technologies Studies looking at the United States and other economies have found a strong correlation between wealth and health care spending – as nations become wealthier, they chose to spend more of their wealth on health care. 24 Nations can spend more because the health care. .. share of personal health expenditures paid directly out-of-pocket by consumers fell from 40% to 14% Although consumers faced rising health insurance premiums over the period which affected their budgets, lower cost sharing at the point of service likely enabled consumers to use more health care, leading to expenditure growth HEALTH CARE COSTS: KEY INFORMATION ON HEALTH CARE COSTS AND THEIR IMPACT 25 Unnecessary . Conclusion 32 1 HEALTH CARE COSTS: KEY INFORMATION ON HEALTH CARE COSTS AND THEIR IMPACT Key Facts  In 2010, the U.S. spent $2.6 trillion on health care, an. HEALTH CARE COSTS A PRimER mAy 2012 KEy iNFORmATiON ON HEALTH CARE COSTS AND THEiR imPACT