Personal Health Care Spending Increased By 19% From 2018 To 2023, Exceeding $6,700 In 2022
Personal health care spending among those with employer-sponsored insurance (ESI) increased by 18.7% from $5,656 in 2018 to $6,711 in 2022, according to the Health Care Cost Institute (HCCI). During the same period, average per-person out-of-pocket spending for all individuals, including those who used no services) increased by nearly 7.8%, from $804 in 2018 to $844 in 2022.
During this five-year period, average prices increased by 14%, and utilization increased by 4%. Per person spending in 2022 was higher than in 2018 across all major service categories. These service categories include . . .