Jove
Visualize
Contact Us

Related Experiment Videos

Tracking health care costs.

Bradley C Strunk1, Paul B Ginsburg, Jon R Gabel

  • 1Center for Studying Health System Change, Washington, DC, USA.

Health Affairs (Project Hope)
|March 26, 2002
PubMed
Summary

Healthcare costs have stabilized overall since 1999, but rising hospital expenses and declining prescription drug costs are shifting financial burdens. This trend may lead to increased out-of-pocket expenses and a higher uninsured population.

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Standardizing and Synchronizing Hospital Cost Measurement-Lessons From Switzerland.

JAMA health forum·2025
Same author

Substantial Growth In Medicare Advantage And Implications For Reform.

Health affairs (Project Hope)·2023
Same author

The "Advancing American Kidney Health" Executive Order: Challenges and Opportunities for the Large Dialysis Organizations.

American journal of kidney diseases : the official journal of the National Kidney Foundation·2020
Same author

Commentary on "Health Spending Under Single-Payer Approaches".

The Journal of ambulatory care management·2020
Same author

Prevalence And Characteristics Of Surprise Out-Of-Network Bills From Professionals In Ambulatory Surgery Centers.

Health affairs (Project Hope)·2020
Same author

Who Pays in Medicare Part D? Giving Plans More Skin in the Game.

The New England journal of medicine·2019
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Area of Science:

  • Health Economics
  • Healthcare Policy
  • Public Health

Background:

  • Overall healthcare cost growth has been stable since 1999.
  • Significant shifts in cost trends are observed between hospital services and prescription drugs.
  • The discrepancy between health insurance premium trends and actual cost trends has widened.

Purpose of the Study:

  • To provide an updated analysis of healthcare cost trends since 1999.
  • To identify the drivers behind the observed shifts in hospital and prescription drug costs.
  • To project the potential impact of these trends on consumers and insurance coverage.

Main Methods:

  • Trend analysis of healthcare costs from 1999 to the present.
  • Examination of factors influencing hospital service costs, such as managed care and labor markets.
  • Analysis of prescription drug cost trends.
  • Assessment of the health insurance underwriting cycle's impact on premium versus cost trends.

Main Results:

  • Overall healthcare cost growth rate has remained stable.
  • Hospital service costs have shown an increasing trend.
  • Prescription drug costs have declined but remain at very high levels.
  • Increased hospital costs are linked to a move away from managed care and labor shortages.
  • A growing gap between premium and cost trends indicates a health insurance underwriting cycle.

Conclusions:

  • Continued trends may prompt employers to shift costs to consumers.
  • An increase in out-of-pocket healthcare expenses for consumers is a likely outcome.
  • The number of uninsured individuals may rise if current trends persist.

Related Experiment Videos