The anticipated spike in out-of-pocket health care expenses under the Patient Protection and Affordable Care Act has not materialized.
The average patient spent 3.5 percent more over the past year, according to a new study by the Robert Wood Johnson Foundation. This translates into about $1 per visit, including copayments and deductibles.
However, deductibles increased by an average of $8 for every type of physician visit. The deductible for a primary care visit increased from $14 to $20, while orthopedics increased from about $27 to $35. Researchers warned that rising out-of-pocket costs could cause some patients to forego care, although the study shows that co-pays and deductibles did not increase as sharply as some critics had predicted.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
