Report Examines Price Trends for Inpatient Care
March 19—From 2008 to 2010, inpatient hospital prices increased 8.2 percent per year, with wide variations in price levels and growth rates across states and localities, according to a health insurance trade association study.
The study, Trends in Inpatient Hospital Prices, 2008 to 2010, provides transaction prices paid by commercial insurers for inpatient hospital care and was conducted by America’s Health Insurance Plans. Using claims data from the commercially insured population under age 65, the researchers developed estimates of price levels and growth rates based on admissions by service, state, and locality.
Taking into account the complexity of treatment and the number of procedures performed, the researchers estimate that 1.3 to 1.9 percentage points of the increase could be attributed to increased intensity per admission. Thus, intensity-adjusted price increases ranged from 6.2 to 6.8 percent annually during the period studied.
The study appeared in the March issue of the American Journal of Managed Care.
Publication Date: Tuesday, March 19, 2013