Health Plan Costs Projected to Jump 4.8 Percent in 2013

Reviewing trends from 2007 to 2011, the cost of health plans is expected to slow but still rise for medical and pharmacy costs at 4.8 percent per member, per year in 2013, down from 5.4 percent in previous years, according to a report from Truven Health Analytics.

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Researchers from Truven, a company formerly owned by Thompson Reuters, analyzed a sample representing 10 million covered members to trace cost trends in health plans. The company also found inpatient cost rates went up 3.3 percent while the number of inpatient stays per 1,000 dropped 1.7 percent, and outpatient costs grew 2.8 percent.

Small employers were the hardest hit from 2007 to 2011, with a 3.8 percent health plan cost increase compared with the median growth rate of 2.8 percent.

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