By Leah Binder
The take-home from this year’s survey from Modern Healthcare: Growth in health costs fuels growth in health costs. The burden of employee health costs impacts the operational expenses of hospitals, which in turn fuels overall health cost increases. There’s evidence that hospitals and systems, chief among this year’s survey participants, are feeling the pinch of health cost increases, which averaged 11% last year, according to a recent report by the Kaiser Family Foundation and the Health Research & Educational Trust. The Modern Healthcare survey shows some health systems moving toward high-deductible health plans that require employees to pay out of pocket for significant amounts of their healthcare needs.
This is consistent with private industry. Anecdotally, I hear from employers who are not only shifting more costs onto employees, but are actively reviewing options to exit the health insurance market altogether, in some cases to