Thursday 13 October 2016

Cost of health care in area on rise

MANKATO — Medical care costs for insured patients in Minnesota rose by more than 5 percent last year, according to new data analysis.

The 5.6 increase in medical costs statewide is the biggest since the MN Community Measurement nonprofit started releasing cost of care data for medical groups two years ago.

The nonprofit measures costs by tallying insurance claims made by the more than 1.5 million patients enrolled in the four health plans available in Minnesota last year.

On top of being a larger increase than the 3.2 percent one highlighted in last year’s report, the uptick also far outpaces income increases for Minnesotans over the same time period. For the full article click here 



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