According to a study from Health Affairs, the United States has the highest health care spending per person in the world and it is expected to grow. With inflation, between 2000 and 2020, U.S. health spending per person doubled. Further, by 2030, total health spending is expected to reach $6.8 trillion.

However, health spending per person varies from state to state. In 2014, the state with the lowest spend was Utah at $5,982, and the state with the highest spend was Alaska at $11,064. The factors for varied health care spending depends on the demand for care, demographics, population health, and how health services are provided, paid for, and regulated.

One of the biggest factors is health care policies like the Affordable Care Act and Medicaid services. With policies changing and new ones being introduced, health care spend can change drastically year over year.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

Lily Peterson

 

BenefitsPro Broker ExpoEvent

BenefitsPro Broker Expo will help attendees prepare for new issues, embrace new challenges and find new solutions.

Get More Information
 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.