S&P: Average Per Capita Healthcare Costs Up 5.39% for Year

Standard & Poor’s most recent Healthcare Economic Composite Index found the average per capita cost of healthcare services covered by Medicare and private insurers has increased 5.39 percent over the twelve months ending in April 2011, according to an HFMA report.

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The 5.39 percent increase actually represents a slowing in the growth rate of per capita healthcare costs. Growth rates have declined 3.35 percent since May 2010, according the report.

For the twelve months ending April 2011, per capita costs covered by Medicare rose 2.48 percent, while costs covered by commercial insurers rose 7.13 percent.

The S&P report noted that healthcare costs have historically lagged following economic downturns.

Read the HFMA report on per capita healthcare costs.

Related Articles on Per Capita Healthcare Costs:
S&P: Per Capita Healthcare Costs Grew During 2010

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