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US health insurance premiums rose nearly 3x the rate of worker earnings over the past 25 years
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US health insurance premiums rose nearly 3x the rate of worker earnings over the past 25 years
Vivian Ho and Salpy Kanimian in The Conversation: Some of the premium increases can be attributed to an increase in hospital outpatient visits and coverage of GLP-1 drugs. But research, including our own, suggests that premiums have rapidly escalated mostly because health system consolidation – when hospitals and other health care entities merge – has led hospitals to raise prices well above their costs. Hospitals are aggressively raising their …
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