News Headlines Article

Healthcare Costs Hit Record High, But Growth Rate Slows
Health Leaders Media

The annual cost of healthcare for the average American family of four set another record in 2012 although the pace of that growth is the lowest it has been in more than a decade. The 2013 Milliman Medical Index pegged the annual cost of PPO coverage at $22,030, a 6.3% or $1,304 increase from the previous year. The family picked up about 42% of the total cost while the employer accounted for 58%, which is comparable to their 2012 cost sharing.