Analysis: Medical cost trends to increase in 2021, drop in 2022
Spending in 2020 fell slightly below the predicted 6% increase because many Americans delayed care during the pandemic.
By Scott Wooldridge|June 09, 2021 at 10:08 AM
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A new analysis predicts that medical cost increases will moderate slightly in the U.S. in 2022, following a higher rate of increase in 2021 as the health system deals with the aftermath of the COVID-19 pandemic.
The analysis, by the PwC Health Research Institute (HRI), is the latest installment of the Institute’s annual cost trend report, which it has published for 15 years. The reports are based on information from actuaries at health plans and health care executives.
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