While rising prices across the board drive the overall cost increase, utilization varies in different areas. (Image: Shutterstock)
Health care spending in the U.S. continues to increase, a new study from the Health Care Cost Institute (HCCI) finds. Overall, per-person spending increased 4.2 percent in 2017, the report found. The average annual health care spending for individuals with employer-sponsored plans reached an all-time high of $5,641 for 2017.
“Health care spending growth exceeded 4 percent for the second consecutive year, outpacing per capita GDP growth,” said Niall Brennan, president and CEO of HCCI. “And for the most part, Americans aren't using more health care services, which means we're essentially paying more and more for the same amount of health care.”
The study found that while rising prices across the board drive the overall cost increase, utilization varies in different areas.
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