December 1, 2022
  • The latest Peterson-KFF Health System Tracker examines the prices for medical care compared to other goods and services. Overall, consumer prices in October grew 7.7 percent according to the Consumer Price Index, while prices for medical care grew 5 percent. The brief notes that the trend is unusual. However, health care prices will likely eventually follow broader inflation – particularly as the industry absorbs steep increases in labor costs and medical supplies – which may lead to higher health care spending and steeper premium increases in the coming years. (Brief here)