What people spend out-of-pocket on healthcare in 23 states

In 2017, patients in Utah faced the highest out-of-pocket healthcare costs compared to 22 other states, according to a report from global think tank JPMorgan Chase Institute.

Advertisement

The report analyzed data on 4.7 million Chase customers in 23 states between January 2013 and December 2017. Researchers found the average annual out-of-pocket healthcare spending climbed 8.5 percent in 2017 compared to the year prior.

Here is how average annual out-of-pocket spending stacked up among the 23 states featured in the report, listed from highest to lowest:

Utah: $863.70
Colorado: $797.30
Connecticut: $782.20
Texas: $730.10
New Jersey: $702
Idaho: $701.70
Wisconsin: $691.70
Illinois: $674.30
Oklahoma: $667.80
Arizona: $659.10
Washington: $652.10
Indiana: $608.50
Louisiana: $605.40
Florida: $590.20
California: $582.30
Nevada: $574.30
Oregon: $573.70
New York: $558.10
Georgia: $557.10
Ohio: $550.60
Michigan: $540.10
Kentucky: $540.10
West Virginia: $495

More articles on healthcare finance:
Ascension, Adventist Health System JV slashes outpatient sites by 50%   
Louisiana hospital files for bankruptcy, blames ex-administrator for financial crisis   
Qatar donates $2.5M to reopen Texas hospital that closed in 2015

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.