News Headlines Article

S&P: US Healthcare Costs Up 6% in 2010, But Growth Slowing
Health Leaders Media

The average per capita cost of healthcare services covered by commercial health plans and Medicare programs rose 6.06% in 2010, matching the lowest growth rates in four years, and continuing seven consecutive months of cost growth deceleration, according to the Standard & Poor’s Healthcare Economic Indices.

A further S&P breakdown shows that – even with its older, sicker population and higher utilization, Medicare’s growth in per capita costs – at 3.27% in 2010 – was less than half the rate of cost growth for commercial plans, which saw an increase of 7.75% for the year.