Americans spent more on health care in 2016, even though their use of health care did not increase, and rising costs are the reason why, a new report shows.
“It is time to have a national conversation on the role of price increases in the growth of health care spending,” said Niall Brennan, president of the Health Care Cost Institute. The institute is a non-partisan, nonprofit focused on health care utilization and costs.
“Despite the progress made in recent years on value-based care, the reality is that working Americans are using less care but paying more for it every year,” Brennan said in an institute news release. “Rising prices—especially for prescription drugs, surgery and emergency department visits—have been primary drivers of faster growth in recent years.”