Monday, May 21, 2012

Under 65 HC Claims Data Study Reveals Interesting Results

The first report based on claims data for the under 65 insurance market was released last week. Some of the findings include:
--Prices for care outside the hospital grew faster (10.1%) than care for patients admitted to the hospital (5.5%), though the average price for outpatient care was a fraction of inpatient care. The average price for care provided to patients admitted to the hospital was $14,662, compared with $2,224 for outpatient care.

The researchers found that price was still the major driver of costs even after adjusting for intensity of service



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