Healthcare Costs for the Average American are $6,553 in 2020

Milliman recently released their 2020 Milliman Medical Index. Here are some key findings from the report on healthcare costs: In 2020, healthcare costs for a hypothetical family of four reached $28,653. •   Healthcare costs for the average person are at $6,553 this year. •   Healthcare costs grew by 4.1% this year, outpacing growth in gross domestic product. •   Hospital costs... Read More

5.1-12.1 Million People Would Be Better Off With a Public Option – Would They?

RAND Corporation recently published a research brief modeling the impact of a public option for health insurance. Here are some key findings from the report: Unsubsidized individual enrollment fell from 6.3 million in 2016 to 3.8 million in 2018. •   Across 4 public option scenarios, 5.1-12.1 million people would be better off. •   An estimated 2.2 to 6.8 million people... Read More