The Center for Health Information and Analysis reposted this
Health care costs continue to grow – the Health Policy Commission's 2024 Health Care Cost Trends Report details that total annual health care expenditures per Massachusetts resident grew 5.8 percent in 2022, from $9,700 to more than $10,264. Massachusetts had the second-highest insurance premiums in the country, and the number of Massachusetts privately-insured residents who did not get needed health care due to cost increased from 600,000 to 900,000 from 2021 to 2023. Across all categories of care, the dominant factor driving this growth was higher prices, not more care being provided. Responsive to mounting affordability issues and the ongoing impact of the dissolution of Steward Health Care, the HPC has outlined policy recommendations to better protect the health care system, workforce, and patients from predatory actors, strengthen market oversight and transparency, and ensure greater market stability moving forward. 📃Read the 2024 Health Care Cost Trends Report and policy recommendations: https://lnkd.in/eScyUciB 📊Explore the interactive overview and dashboard: https://lnkd.in/eiizAwGw #HealthPolicy #HealthEquity