Americans' out-of-pocket health spending rose 10.4% in 2021 — a growth rate that hasn’t been seen since 1985.
Americans' out-of-pocket health spending rose 10.4% in 2021, a growth rate not seen since 1985 that was driven in part by demand for dental services, eyeglasses and medical supplies, according to Centers for Medicare and Medicaid Services'Overall health spending grew by only 2.7%, a much smaller rate than the 10.3% bump seen in 2020. But the decline of special pandemic and public health-related federal funding is a huge factor in the 2021 results and masks a sharper spike in other areas.
That's especially true for people whose insurance premiums are subsidized, either by their employer or the government. "But, it was magnified by the fact that out-of-spending fell by 2.6% in 2020 when the pandemic was resulting in many fewer people getting medical care other than for COVID. As people started going back to the doctor in 2021, the deductibles and copays starting adding up again, too."Employers' health spending rose significantly, as well — private businesses' outlays grew by 6.5% in 2021 after a 2.9% decline in 2020.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Former Nolan Cadillac dealership downtown sells for $1.8 million - Jacksonville Business JournalFormer Nolan Cadillac dealership downtown sells for $1.8 million
Weiterlesen »
Former Nolan Cadillac dealership downtown sells for $1.8 million - Jacksonville Business JournalFormer Nolan Cadillac dealership downtown sells for $1.8 million
Weiterlesen »
SoundCloud Revenue Rose 19% in 2021 Thanks to Subscriber Growth, Creator Tools AdoptionDespite an improved gross margin, the company’s operating loss deepened due to an increase in marketing spending and “significant investments” in headcount.
Weiterlesen »
Of luxury’s 100 bestselling brands, top 10 generated 56pc of total sales in 2021: DeloitteLVMH, Kering and The Estée Lauder Companies top the list of last year's most successful luxury goods sellers, according to a new report.
Weiterlesen »
EPA Report: Tesla Had Lowest Emissions, Highest Fuel Economy In 2021Tesla's numbers far exceed any other brand since it only produces zero-emissions vehicles. As brands add EVs to their lineups, they'll just begin to catch up.
Weiterlesen »