2020 health care cost and utilization report
- Collection:
- Health Policy and Services Research
- Contributor(s):
- Health Care Cost Institute, issuing body.
- Publication:
- [Washington, DC] : Health Care Cost Institute, May 2022
- Language(s):
- English
- Format:
- Text
- Subject(s):
- Facilities and Services Utilization -- statistics & numerical data Facilities and Services Utilization -- trends Health Care Costs -- statistics & numerical data Health Care Costs -- trends Health Expenditures -- statistics & numerical data Health Expenditures -- trends United States
- Genre(s):
- Technical Report
- Abstract:
- The 2020 Health Care Cost and Utilization Report presents data on health care spending, utilization, and average prices from 2016 through 2020 for individuals under the age of 65 who receive health insurance coverage through an employer. The report relies on de-identified commercial health insurance claims contributed by CVS Health/Aetna, Humana, and Blue Health Intelligence during this period. The key findings are: (1) In 2020, per-person spending decreased to $5,607 from $5,834 in 2019. This total includes amounts paid for medical and pharmacy claims but does not subtract manufacturer rebates for prescription drugs. The average out-of-pocket spending decreased to $724 per person from $817 in 2019. (2) Per person health care spending decreased 4% in 2020, the first decrease after 12 consecutive years of growth as described in earlier versions of this report. (3) Average prices grew just over 4% in 2020. Cumulatively, prices were 16% higher in 2020 than 2016. Prices grew most for inpatient services (25%) and least for professional services (9%) over the five-year period. (4) Utilization decreased 7.5% from 2019 to 2020. Utilization declined for all medical service categories (inpatient, outpatient, and professional services), but increased for prescription drugs. In comparison, utilization increased just over 1% from 2018 to 2019. (5) There was a rapid growth in telehealth service use in 2020, leading to a 250-fold increase in spending on telehealth between 2016 and 2020.
- Copyright:
- Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY-NC-ND license. (More information)
- Extent:
- 1 online resource (1 PDF file (22 pages))
- Illustrations:
- Illustrations
- NLM Unique ID:
- 9918540687106676 (See catalog record)
- Permanent Link:
- http://resource.nlm.nih.gov/9918540687106676