Healthcare Spending for the Privately Insured Rose 4.6%

Growth in U.S. healthcare spending for the privately insured accelerated in 2015, due primarily to price increases, a report from the Health Care Cost Institute finds. Based on 2012-15 claims data from four national insurance companies, the report, 2015 Health Care Cost and Utilization Report, found that per capita healthcare spending for Americans under the age of 65 with employer-sponsored insurance in 2015 was $5,141, a year-over-year increase of 4.6%, and a jump from the 2.6% increase in 2014 and a 3% increase in 2013.

The report also found that prices for outpatient, inpatient, and professional services as well as prescription drugs increased between 3.5% and 9.0% in 2015 and were the largest driver of spending growth over the four-year period, while the price of an emergency room visit rose 10.5%. According to the report, a slight increase in the use of outpatient care and professional services contributed to the rise in overall spending, while ER visits and common medical and surgical hospital admissions declined.

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About Frank Klimko

Frank Klimko is a nationally known journalist, grants expert and speech writer/speaker. He has years of experience helping nonprofits devise lists of the right funding opportunities and secure funding from these foundations and corporate entities. Clients have focused on an array of areas including child care, homeless, hunger and K-12 education. Additionally, he is a Freedom of Information Act expert, who has helped numerous clients with securing proprietary information from the federal government. Currently, Frank Klimko writes the Children & Youth Funding Report and Private Grants Alert, which are Washington DC-based publications. CYF is a daily publication covering Congress, the Education Dept. and the various federal regulatory agencies. PGA, another daily publication, covers the world of private philanthropy.
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