Between 2022 and 2023, here's what happened to the share of private health insurers' expenditures going to the five major types of health care services and product providers:

Hospitals: Increased 38.2%, from 37.7%
Physicians and clinical services: Fell to 26.4%, from 26.9%
Prescription drugs: Increased to 12%, from 11.7%
Health insurance administration costs and profits: Increased to 10.3%, from 10.2%
Dentists: Fell to 4.7%, from 5.1%

Here's what happened to the same categories of health care services and product providers spending between 2013, before most major Affordable Care Act health system changes took effect, and 2023:

Hospitals: Increased 38.2%, from 35.9%
Physicians and clinical services: Fell to 26.4%, from 27.3%
Prescription drugs: Fell to 12%, from 12.5%
Health insurance administration costs and profits: Fell to 10.3%, from 11.3%
Dentists: Fell to 4.7%, from 5.8%

Hospitals' problems: Hospital groups say that many hospitals face are facing severe financial stress because of higher labor costs and lower payer reimbursement rates.

Instant Insights /

Hospitals continue to eat more health insurance spending pie

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