You are here

PwC to employers: Focus on all medical prices—and not just drug prices

Health plans expected to continue pushing for value-based payment arrangements.

Experts at PricewaterhouseCoopers’s Health Research Institute project that medical costs in the employer insurance market will increase by 6% next year. The good news: that falls within the range of 5.5%–7% that costs have been going up the last several years. Still the year-in, year-out cost increases in health care are not sustainable, says PwC. Efforts to rein in utilization have run their course, according to PwC’s health care experts, so employers need to tackle prices if they want to control their medical costs—and not just drug prices that have been the focus recently.

Source: PricewaterhouseCoopers

More Headlines

Liver Fluke Infestation Affects Almost 2.5 Million People Globally
Policy Could Be Life-Changing for People With Spinal Cord Injury
Test Determines Severity of Pain, Helps Physicians Select Best Options
Intratumoral Injection Stimulates Immune Activation
Diabetes and Cancer Patients Could Soon Avoid Injections
Early Cancer Development May Begin in Just 30 Minutes