Per-person healthcare spending jumps to $6K a year: Health Care Cost Institute

In 2019, per-person healthcare spending increased by 2.9 percent from 2018 to about $6,000, which is the lowest growth rate in five years, according to the Health Care Cost Institute’s October “Health Care Cost and Utilization Report.”

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The report analyzed data on healthcare spending, utilization and average prices from 2015-19 for those under the age of 65 who have their health insurance covered by an employer.

Other key findings:

  • Average per-person out-of-pocket spending was $829 in 2019.
  • Average prices grew 3.6 percent in 2019, which was the lowest growth rate over the five-year period, but 18.3 percent higher than 2015.
  • Utilization declined 0.7 percent between 2018 and 2019, mostly because of a 4.9 percent decrease in inpatient admissions in 2019.
  • Prices made up almost two-thirds of per-person spending growth between 2015 and 2019.

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