{"id":2897,"date":"2019-10-17T20:41:33","date_gmt":"2019-10-17T20:41:33","guid":{"rendered":"http:\/\/www.www.idahoinsuranceagency.com\/?p=2897"},"modified":"2023-07-20T18:14:41","modified_gmt":"2023-07-20T18:14:41","slug":"report-shows-1-of-americans-account-for-22-of-healthcare-costs","status":"publish","type":"post","link":"https:\/\/www.idahoinsuranceagency.com\/report-shows-1-of-americans-account-for-22-of-healthcare-costs\/","title":{"rendered":"Report shows 1% of Americans account for 22% of healthcare costs"},"content":{"rendered":"<p>I am not sure how the country will be able to handle the cost of the healthcare reform with expected cost increases with Medicaid and simply the cost drivers for the reform.\u00a0 Already millions of dollars have been spent in developing the technology for the health exchanges.<\/p>\n<p><a href=\"http:\/\/www.usatoday.com\/news\/washington\/story\/2012-01-11\/health-care-costs-11\/52505562\/1\" target=\"_blank\" rel=\"noopener noreferrer\">USA Today<\/a>\u00a0(1\/12, Kennedy) reports on an Agency for Healthcare Research and Quality report, which found that \u201cjust 1% of Americans accounted for 22% of health care costs in 2009.\u201d Meanwhile, \u201cFive percent accounted for 50% of health care costs, about $36,000 each, the report said.\u201d Lead author Steven Cohen noted that \u201cthe report\u2019s findings can be used to predict which consumers are most likely to drive up health care costs and determine the best ways to save money.\u201d<\/p>\n<p>NYT: Healthcare Reform Law Has Had Little Impact On Total Spending.<a href=\"http:\/\/www.nytimes.com\/2012\/01\/12\/opinion\/slower-growth-in-health-spending.html?_r=1\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0The New York Times<\/a>\u00a0(1\/12, A26, Subscription Publication) editorializes, \u201cSo far, the health care reform law has had little impact on total spending even though some of its provisions, like prescription drug rebates for Medicare beneficiaries, have already kicked in,\u201d and \u201cthe real impact will come in 2014 when there will be an expansion of Medicaid and a new federal subsidy program for low- and middle-income Americans.\u201d The Times argues that \u201cas the population ages, controlling spending will require reforms that coordinate delivery of services, reduce unnecessary care and spur innovations that improve quality and curb medical costs.\u201d<\/p>\n<p>Government Healthcare Spending Growing.\u00a0<a href=\"http:\/\/www.washingtonpost.com\/blogs\/ezra-klein\/post\/total-health-spending-is-slowing-government-health-spending-isnt\/2012\/01\/11\/gIQACoy6qP_blog.html\" target=\"_blank\" rel=\"noopener noreferrer\">The Washington Post<\/a>\u00a0(1\/12, Kliff) reports in its \u201cWonkblog\u201d that government spending on healthcare has not slowed. \u201cA new analysis from the McKinsey Center for US Health System Reform shows that state and federal spending on health care has grown by 55 percent since 2003, nearly twice as fast as private spending growth.\u201d The Post notes, \u201cThe overall health care spending slowdown actually masks two divergent trends \u2013 one, private health care spending accounts for an increasingly smaller chunk of the $2.6 trillion that the United States spends on health care, and two, government programs foot a larger part of the tab.\u201d<\/p>\n<p>IDAHO INSURANCE AGENCY<br \/>\nPaul King and Charlotte Hildebrandt<br \/>\n1650 Albright Ln #101<br \/>\nBoise, Idaho 83709<br \/>\n208-377-7101<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I am not sure how the country will be able to handle the cost of the healthcare reform with expected cost increases with Medicaid and simply the cost drivers for the reform.\u00a0 Already millions of dollars have been spent in developing the technology for the health exchanges. USA Today\u00a0(1\/12, Kennedy) reports on an Agency for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[18],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Report shows 1% of Americans account for 22% of healthcare costs - Idaho Insurance Agency<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.idahoinsuranceagency.com\/report-shows-1-of-americans-account-for-22-of-healthcare-costs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Report shows 1% of Americans account for 22% of healthcare costs - Idaho Insurance Agency\" \/>\n<meta property=\"og:description\" content=\"I am not sure how the country will be able to handle the cost of the healthcare reform with expected cost increases with Medicaid and simply the cost drivers for the reform.\u00a0 Already millions of dollars have been spent in developing the technology for the health exchanges. USA Today\u00a0(1\/12, Kennedy) reports on an Agency for [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.idahoinsuranceagency.com\/report-shows-1-of-americans-account-for-22-of-healthcare-costs\/\" \/>\n<meta property=\"og:site_name\" content=\"Idaho Insurance Agency\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-17T20:41:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-20T18:14:41+00:00\" \/>\n<meta name=\"author\" content=\"Idaho Insurance Agency\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Idaho Insurance Agency\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.idahoinsuranceagency.com\/report-shows-1-of-americans-account-for-22-of-healthcare-costs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.idahoinsuranceagency.com\/report-shows-1-of-americans-account-for-22-of-healthcare-costs\/\"},\"author\":{\"name\":\"Idaho Insurance Agency\",\"@id\":\"https:\/\/www.idahoinsuranceagency.com\/#\/schema\/person\/b71cc304f51d5aa03bb7401bb694b0e3\"},\"headline\":\"Report shows 1% of Americans account for 22% of healthcare costs\",\"datePublished\":\"2019-10-17T20:41:33+00:00\",\"dateModified\":\"2023-07-20T18:14:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.idahoinsuranceagency.com\/report-shows-1-of-americans-account-for-22-of-healthcare-costs\/\"},\"wordCount\":352,\"publisher\":{\"@id\":\"https:\/\/www.idahoinsuranceagency.com\/#organization\"},\"articleSection\":[\"Alerts\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.idahoinsuranceagency.com\/report-shows-1-of-americans-account-for-22-of-healthcare-costs\/\",\"url\":\"https:\/\/www.idahoinsuranceagency.com\/report-shows-1-of-americans-account-for-22-of-healthcare-costs\/\",\"name\":\"Report shows 1% of Americans account for 22% of healthcare costs - 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