Fact Based List:
Milliman: Estimated Healthcare Cost for Typical Family of 4 in 2023
Submitted by Charlene Ice on Wed, 05/31/2023 - 16:10
- Total cost of healthcare in 2023: $31,100
- Employee contribution and out-of-pocket cost: $12,800
- Inpatient: $9,305 (29.95%)
- Outpatient: $5,906 (19.01%)
- Professional: $11,258 (36.24%)
- Pharmacy: $4,026 (12.96%)
- Other: $570 (1.83%)
Notes: Estimates based on employer subsidy of 59%. Variables that may affect cost for a given family include age and gender, individual health status, geographic area, provider reimbursement variation and insurance coverage design.
Source: Milliman, "2023 Milliman Medical Index," May 25, 2023
Source URL: https://us.milliman.com/en/insight/2023-milliman-medical-index
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