Health care spending growth tapers, but remains high
Health care spending for a family with a common employer-sponsored health plan has more than doubled over the past decade, according to research from benefits consultant Milliman Inc.
A typical American family of four will spend an average of $9,695 on health care this year, according to actuarial projections in the 2014 Milliman Medical Index, released on Wednesday. That counts contributions toward insurance premiums, payments at doctor's offices or pharmacies and over-the-counter medicines. That compares with $4,443 spent in 2004.
The total cost of health care for the family, counting the employer's premium contribution, will reach $23,215 this year, Milliman projected. That represents an increase of 5.4 percent from 2013, which is the slowest year-over-year growth in the 14-year history of the medical index.
That rate is still well above the broader rate of inflation.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Outdoors notices: Oct. 5, 2015
- Steelers cut Scobee, sign free agent kicker Boswell
- Sunday - Oct. 4, 2015
- High-speed chase ends in Duquesne crash
- Are Pirates better positioned to win it all this postseason?
- Strong police presence cut crimes, behavior issues at IUP homecoming, police say
- Diminishing number of pilots takes toll on small airports in Western Pa.
- New book credits Nunn for Steelers’ 1970s success
- Kessel addition, better health could have Pens scoring like it’s 1990s
- Shaler man charged in death of girl, 6, not prosecuted in repeated alcohol cases
- Pitt holds off Virginia Tech in ACC opener