How do health expenditures vary across the population? – Peterson-Kaiser Health System Tracker

Dont be mislead or frightened about your health care costs. Your annual risk of incurring large healthcare costs is quite small and your risk of catastrophic out-of-pocket costs even smaller.

In a given year, a small portion of the population is responsible for a very large percentage of total health spending. We tend to focus on averages when discussing health spending, but individuals’ health status – and thus their need to access and utilize health services – varies from year to year and over the course of their lifetimes.

In fact, very few people have spending around the average. This collection of charts explores trends in the variation in health spending across the population through an analysis of the 2016 Medical Expenditure Panel Survey (MEPS) data.

Source: How do health expenditures vary across the population? – Peterson-Kaiser Health System Tracker

3 comments

  1. This is great information. I would like every member of Congress to sit down in an empty room for an hour and study these statistics. And then include them in their next informational news letter ( aka re-election brochure) to their constituents.
    I see these statistics played out within my own extended family, most of whom enjoy excellent health. But one of whom has a chronic condition resulting in tens of thousands of dollars in yearly health expenses.

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  2. The link has median numbers – the median spend was $276 in 2016 – meaning 1/2 of all Americans spent $276 or less in 2016.

    More importantly, the median out of pocket spend (spend on something other than health care coverage premiums) was only $20 – meaning 1/2 of all Americans had less out of pocket spend than the cost of ONE extra large pizza with the works!

    Like

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