There has been a lot of focus on rising health insurance costs and how this will affect today’s consumers. One of the main factors driving these rising premiums is the cost of health care and prices can vary greatly from state to state ultimately affecting how much you’ll pay for health insurance. According to Keith Speight’s article on Fool.com, little media attention is given to the health care costs and how location causes variation.
The latest information from the Centers for Medicare and Medicaid Services says the latest annual cost of health care in the US, excluding health insurance premiums, is $6815 per person. This is based on data gathered from hospitals, doctors, nursing homes, and other health care providers. CMS also gathers information of the costs of products such as prescriptions, over-the-counter medicines, glasses and hearing aids. Based on this data, here are the most expensive states when it comes to health care costs:
- New York
- Rhode Island
Tags: health care access, health care costs, health insurance news, health insurance premiums