Health Populi June 3, 2021
Jane Sarasohn-Kahn

The good news for health care costs for a family of four in America is that they fell, for the first time in like, ever, in 2020.

But like a déjà vu all over again, annual health care costs for a family of four enrolled in a PPO will climb to over $28,000 in 2021, based on the latest 2021 Milliman Medical Index (MMI).

The first chart shows how health care costs declined in our Year of COVID, 2020, by over $1,000 for that hypothetical U.S. family. But costs rise with a statistical vengeance this year, by nearly $2,200 per family–about 8.4% higher over the year.

That 8.4% is higher than historical cost increases in the MMI seen in the past...

 

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2021-06-03T11:11:44-04:00