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Member, Beacon International Group, Ltd.
Health care spending rose 6% in Connecticut from 2020-2021, exceeding the benchmark target of 3.4%, reports Connecticut Public Radio. According to the Connecticut Office of Health Strategy’s first benchmark full report, the increases suggest a need to reassess existing cost control strategies and potentially consider new measures. Much of the increase was driven by an 18.8% surge in commercial health insurance spending, larger than other states with benchmarks such as Massachusetts, Rhode Island and Oregon.