healthcare costs

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Controlling spending while improving health care access, efficiency, and outcomes is a significant challenge—one that often dominates policy discussions. To help inform decisionmaking, RAND conducts studies that consider all aspects of health care costs, including medical costs, insurance coverage, reimbursement models, and consumer health care expenses.

  • Blue and green pills and tablets, photo by ShutterWorx/iStock

    Report

    Biosimilar Medications Could Create Billions in Health Care Savings

    Nov 3, 2014

    Introducing competing “biosimilar” versions of complex biologic drugs used to treat illnesses such as cancer and rheumatoid arthritis could cut spending on biologics in the United States by $44 billion over the next decade.

  • Senior man and adult daughter enjoying time together over lunch, photo by Alina555/iStock

    Journal Article

    Cost of Informal Caregiving for U.S. Elderly Is $522 Billion Annually

    Oct 27, 2014

    The price tag for informal caregiving of elderly people by friends and relatives in the U.S. comes to $522 billion a year. Replacing that care with unskilled paid care at minimum wage would cost $221 billion, while replacing it with skilled nursing care would cost $642 billion.

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