Rise in MA healthcare spending driven by state's largest insurer, hospital chain

Spending by the largest health plan and hospital operator in Massachusetts helped drive the Bay State's overall healthcare costs well above the rate of general inflation last year, the Boston Globe reported. Spending by Blue Cross Blue Shield of Massachusetts rose 3.7 percent, while some patients at Partners Healthcare hospitals saw their costs rise as much as 4 percent, according to the Globe. Overall spending on healthcare services grew 2.3 percent statewide. By comparison, the general rate of inflation in the Boston area rose by only 1.4 percent, according to the Globe. Article

 

 

Suggested Articles

Employers are making adjustments to their health benefits in the wake of COVID-19, but workers may not take the time to consider these new options.

Here's why analysts and industry leaders think the Teladoc-Livongo deal could significantly change the virtual care market and healthcare delivery.

Oak Street Health officially went pubilc on Thursday with a $328 million initial public offering.