HCCI’s 2011 Health Care Cost and Utilization Report

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December 11th, 2012

2011 hcci report

HCCI recently released their second Health Care Cost and Utilization Report for year 2011. The findings from 2011’s report reflect healthcare spending of about 40 million employer-sponsored insured individuals.  The HCCI report included findings from a procedure called ‘completion’, in which actuaries estimate metrics for claims that were incomplete.

The report shows that average dollars spent on health care services rose 4.6 percent in 2011, reaching $4,547 per person. This was well above the 3.8 percent growth rate observed in 2010, inferring that 2011 may be a transition year.  Total spending grew to $709.2 billion, and per capita spending rose the quickest for children, at 7.7%.  Out of Pocket payments and Health Plan Capita Spending also increased, at 4.6% and 4.5% respectively.  With a decline in inpatient utilization, the category with the highest prices, HCCI found spending growth was driven primarily by increases in the prices paid. Our infographic offers a quick snapshot of the report findings.

2011 HCCI Report Highlights:

  • Spending per capita grew the fastest in the northeast region
  • Most healthcare dollars were spent on procedures by health professionals
  • Cost sharing between patients and payers remains stable
  • Use of health care services increased; particularly in outpatient care
  • Rising prices were the primary driver of spending growth, despite growth in utilization
  • Prescription spending slowed, growing just 1% from 2010 to 2011

To read the complete report, click here.


One Comment

  • Ernie Vesta MD FACEP says:

    I work among ERISA palns with unions and hospitals. I'd love to learn more about your vision and insights and sharewith you mine also. There may be synergies.
    Thanks,
    ernie

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