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Health insurance price hikes outpace other medical cost increases: BLS

Posted On: Dec. 2, 2022 9:19 AM CST

Health insurance prices rose faster than other medical care prices through October but broke from normal patterns by failing to outpace the overall price increases on all goods and services, according to research from kaiser Family Foundation, reports Healthpayer Intelligence. Typically, medical prices grow at a faster rate than the country’s overall goods and services, but between 2021 and 2022 overall prices outpaced medical price increases.