Fact Based List:

6 Reasons Health Care Costs Keep Going Up

Submitted by Anonymous on Thu, 07/12/2012 - 15:32


  1. Hospital care: Hospital care accounts for nearly one-third of the nation's annual health care expenditures.
  2. Doctor visits: According to the American Medical Association, the cost of physician care, both to insurance and patients, has risen 1.3% during the past year.
  3. Medical tech: New technologies, such as robotic surgery, are growing rapidly. As a result, insurance claims for new high-tech procedures also are typically higher.
  4. Lab tests: More consumers are using medical labs -- driving up the overall cost of testing.
  5. Drugs: Drug costs are still rising but at a slower pace. generic drugs account for about 80% of all prescriptions in the United States.
  6. Health plan administration: Insurers make annual changes to the prices of their plans to factor in their own cost of doing business.


Source: CNNMoney
Source URL: http://money.cnn.com/2012/07/12/news/economy/health-care-costs/



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