July 28, 2003

Minnesota: Health care costs rise 16 percent for privately insured

Minneapolis Business Journal


The cost of health care rose 16 percent in 2002 for Minnesotans with private health insurance, according to a new report from the Minnesota Department of Health

Physician and hospital services each accounted for about one-third of the overall spending growth between 2000 and 2002. Prescription drugs were responsible for another 22 percent of spending growth.

The 16 percent overall growth rate, up from 10 percent in 2001, is the highest recorded since the department started tracking health care costs in the mid-1990s.


Posted by Norm M. Wada at July 28, 2003 2:08 PM
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