Have mentioned before the point - about 85% of each employer premium dollar goes to pay for medical treatment expenses. When we look at this 85% we find that 70% or more are connected to lifestyle choices.
We also know from studies and reports, such as a recent one from the National Institute for Health Care Management Foundation:
+ About 5 percent of the population is responsible for almost half of all health care spending in the United States.
+ About half of the U.S. population accounted for only 3.1 percent of all expenditures.
+ 10 percent of the population hogged 63.6 percent of all health spending.
+ The top 5 percent of the population accounted for 47.5 percent of all spending.
+ The top 1 percent of the population accounted for 20.2 percent.
What does all this tells us? Medical treatment costs are responsible for rising medical premiums not "big bad insurance companies"
Thursday, July 07, 2011
Another look at medical treatment costs
Posted by John C Parker, RHU, LTCP at Thursday, July 07, 2011
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