According to the latest Milliman Medical Index, the average American in pays $6,553 for care, and a family of four pays $28,653. (Photo: Shutterstock)
Health care costs rose 4.1% from 2019 to 2020, although the COVID-19 pandemic could create many uncertainties, according to the Milliman Medical Index, released this month.
The MMI, which measures annual health care costs for individuals and families with employer-sponsored preferred provider plans, found that the average American in 2020 paid $6,553, and a hypothetical family of four, $28,653.
"There's been a lot more pressure to keep costs under control," said Chris Girod, principal and consulting actuary at Milliman, and a co-author of the report. "Health insurance companies and plan sponsors are doing lots of things to help control unnecessary utilization or removing wasteful services from the system."
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Amanda Bronstad
Amanda Bronstad is the ALM staff reporter covering class actions and mass torts nationwide. She writes the email dispatch Law.com Class Actions: Critical Mass. She is based in Los Angeles.
