Study: Care costs continue slower growth in 2014

by Tom Murphy

Benefits consultant Milliman says health care costs for a family with a common employer-sponsored health plan have more than doubled over the past decade.

The firm projects that a typical American of four will spend $9,695 on care this year. That compares with $4,443 spent in 2004. The cost is up 6 percent from last year.

That counts a family's contribution toward insurance premiums, payments at the doctor's office or pharmacy and even bottles of aspirin.

Health care costs have been growing at a slower pace the past few years, but employees are paying a bigger share of the bill.

The actual cost an individual family racks up varies heavily depending on things like how much care they use and the coverage they have.

not rated yet
add to favorites email to friend print save as pdf

Related Stories

US health insurance costs up 9% in year: study

Sep 27, 2011

Company-provided health insurance, one of the largest costs of US businesses and households alike, rose nine percent over the past year despite the sluggish economy, according to a new study released Tuesday.

Recommended for you

ER visits on the rise, study reports

3 hours ago

(HealthDay)—The number of emergency department visits in the United States rose from about 130 million in 2010 to a record 136 million in 2011, according to the U.S. Centers for Disease Control and Prevention.

Better assessment of decision-making capacity

8 hours ago

Physicians often find it hard to tell if a patient suffering from dementia or depression is capable of making sound judgements. This is shown by a study conducted within the scope of the National Research Programme "End of ...

User comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.