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In health care, these would be our honest-and-ethical front-line workers — nurses, physicians, and pharmacists, the latest Gallup Poll on the question learned (described here in Health Populi). where private sector organizations began to more visibly take on public health objectives and missions.
In the words of NPR, “Hospitals are the largest individual contributor to health care costs in the U.S… … over a trillion dollars a year,” which is about one-third of national health spending. Between 2007 and 2014, hospital prices grew 42%. “The cost of hospital services has been exploding.
Total patient OOP costs in 2018 reached $61 billion, up $2 bn from 2017, and $5 bn from 2014. Just under 9% of patients across all three health plan types had over $500 in OOP costs in 2018. This takes us from the pharma manufacturer’s perspective to the patient’s role in the Rx ecosystem.
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