The latest annual edition of the Milliman Medical Index (which estimates “the cost of healthcare for a typical American family of four covered by an average employer-sponsored preferred provider organization”) suggests that last year’s moderate rate of growth was idiosyncratically low.
Last year’s 5.4% growth rate was the lowest in the history of the Index. This year, the growth rate has climbed to 6.3 percent – exactly the same as 2013.
Milliman also concludes that the “Cadillac tax” is fast approaching, especially for workers at smaller firms.
Read the entire entry at NCPA's Health Policy Blog.