Health Costs
Annual Family Premiums for Employer Coverage Rise 7% to Nearly $24,000 in 2023
On average, workers this year contribute $6,575 annually toward the cost of family premium, up nearly $500 from 2022, with employers paying the rest. Future increases may be on the horizon, as nearly a quarter (23%) of employers say they will increase workers’ contributions in the next two years.
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Will Where You Live Determine Access and Coverage of Emerging Anti-Obesity Drugs?
Rates of obesity in a person’s state of residence could factor into decisons about coverage of new weight loss drugs, in turn affecting how accessible and affordable this class of drugs is for patients.
With adults in the Midwest and South having higher obesity rates, state Medicaid programs and regional employers could face higher health insurance costs – particularly in the short term – and seek ways to control the use of newer weight-loss drugs.
- MARKETPLACES
How much and why 2024 premiums are expected to grow in Affordable Care Act Marketplaces
This analysis of insurers’ preliminary rate filings shows that ACA Marketplace insurers are requesting a median premium increase of 6% for 2024. Insurers cite price increases for medical care and prescription drugs as a key driver of premium growth in 2024, Insurers’ proposed rate changes – most of which fall between 2% and 10% – may change during the review process.
- PRICES
How Does Medical Inflation Compare to Inflation in the Rest of the Economy?
Inflation in medical care prices and overall health spending typically outpaces inflation in the rest of the economy. But that trend has recently changed. While medical care prices increased by 0.1% between June 2022 and June 2023, the prices of all goods and services increased by 3.0%. - Coronavirus (COVID-19)
How Has Health Care Utilization Changed Since the Pandemic?
This chart collection examines the latest available data on how health services utilization has changed over the course of the COVID-19 pandemic.
- Hospitals
Ongoing Challenges with Hospital Price Transparency
This analysis examines transparency data currently shared by hospitals to comply with federal law and finds that they are messy, inconsistent and confusing, making it challenging if not impossible for patients or researchers to use them to compare prices. Many of these shortcomings stem from a lack of specificity in the requirements for what hospitals must report.
National Health Spending Explorer
This interactive Peterson-KFF Health System Tracker tool allows users to examine five decades worth of data on health expenditures by federal and local governments, private insurers, and individuals.
Americans’ Challenges with Health Care Costs
This brief summarizes our recent polling on the public’s experiences with health care costs and the consequences of high costs on the uninsured and those with lower incomes.
How much and why 2024 premiums are expected to grow in ACA Marketplaces
This analysis of insurers’ preliminary rate filings shows that ACA Marketplace insurers are requesting a median premium increase of 6% for 2024. Insurers cite price increases for medical care and prescription drugs as a key driver of premium growth in 2024,
