|
This list is published on healthsprocket.com at Source URL: https://healthsprocket.com/hs/content/6-reasons-health-care-costs-keep-going Visit now to read comments, add your own comments and rate this list. |
Fact Based List:
6 Reasons Health Care Costs Keep Going Up
Submitted By Anonymous, Created 07/12/2012 - 15:32
- Hospital care: Hospital care accounts for nearly one-third of the nation's annual health care expenditures.
- 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.
- 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.
- Lab tests: More consumers are using medical labs -- driving up the overall cost of testing.
- Drugs: Drug costs are still rising but at a slower pace. generic drugs account for about 80% of all prescriptions in the United States.
- 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/