Month: September 2024

State budget transfers to Health Insurance to expand coverage to people outside formal sector work in Latin America

Background Contributory social health insurance for formal sector employees only has proven challenging for moving towards universal health coverage (UHC). This is because the informally employed and the poor usually remain excluded. One way to expand UHC is to fully or partially subsidize health insurance contributions for excluded population groups through government budget transfers. This […]

What percent of health insurance is paid by employers?

If you’re in charge of benefits for your organization and are considering a new health insurance program, your organization’s contribution strategy is an essential factor in that decision. When working the new program’s cost into your benefits budget, you’ll need to know how much employees will pitch in for coverage and the percentage you will […]

US Health Care Spending by Payer and Health Condition, 1996-2016

Key Points Question  How does spending on different health conditions vary by payer (public insurance, private insurance, or out-of-pocket payments) and how has this spending changed over time? Findings  From 1996 to 2016, total health care spending increased from an estimated $1.4 trillion to an estimated $3.1 trillion. In 2016, private insurance accounted for 48.0% (95% CI, […]

Nine reasons for rising healthcare costs

The average American spends a considerable amount on healthcare each year. Premium increases, higher deductibles and copays, and soaring prescription drug prices can all impact medical costs. According to the Centers for Medicare & Medicaid Services (CMS), healthcare costs in 2023 skyrocketed to $4.8 trillion1. CMS expects national health expenditures to reach $6.8 trillion by 20302. With no end […]

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