Skyrocketing health insurance rates blamed on higher price of medical care

Health insurance plan

Rising costs from hospitals and other providers increase spending throughout downturn. Recent research is now showing that the heightened prices that were charged by outpatient centers, hospitals, and other healthcare providers were responsible for sending the cost of health insurance upward at twice the rate of inflation throughout the recession and economic struggle to recover. This was the case even as there was less consumption overall of medical care by patients. According to a Health Care Cost Institute report, In the case of outpatient surgery, emergency room visits, substance abuse…

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