The hospital index represented some of the steepest growth among all healthcare services for the commercially insured in 2011. Comparatively, physician and drug costs each increased by 2.3 percent year-over-year.
“Insurance costs are still on the rise,” said Gary Pickens, chief research officer at the Thomson Reuters Center for Healthcare Analytics, in the release. “Hikes in all of the key areas would seem to imply the country has yet to reach a lull in spending.”
Hospital costs for people with employer-based health insurance grew by 5.6 percent from 2010 to 2011.
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