Commercial healthcare costs are projected to increase by 8% in 2025 due to inflation, prescription drug spending, and behavioral health utilization, according to a PwC Health Research Institute report. This increase will impact payers' group and individual plans and is used by health insurers to calculate premiums. The medical cost trend is influenced by unit cost inflation and changes in service utilization. Click here for article.
Commercial healthcare spending is set to grow to its highest level in 13 years.
Hospital performance has improved, but providers face ongoing operational difficulties and rising expenses, looking to commercial contracts to cover costs.
Consolidation among hospitals, private equity, and physicians is a significant cost driver, impacting contract negotiations.
Rising costs of GLP-1 and new central nervous system drugs are expected to significantly increase healthcare expenses.
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