Economic Burden of Health Care

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  • Bottles of drugs on the shelf at the Rock Canyon Pharmacy, in Provo, Utah, May 9, 2019, photo by George Frey/Reuters

    Report

    U.S. Prescription Drug Prices Are 2.56 Times Those in Other Countries

    Prices for prescription drugs in the United States in 2018 were 256 percent of those in 32 comparison countries. For brand-name drugs, U.S. prices were 344 percent higher. But for generic drugs, they were only 84 percent of the average paid in other nations.

    Jan 28, 2021

  • Chilean president Sebastián Piñera receives the first shipment of COVID-19 vaccines in Santiago de Chile, Chile, December 24, 2020, photo by Sebastian Rodríguez/Presidencia/Reuters

    Commentary

    Vaccine Nationalism Has Real Economic Consequences

    Vaccine nationalism, in which countries prioritize their domestic needs at the expense of others, will have significant global economic consequences. Major economies actually have more to gain by helping to make an effective COVID-19 vaccine widely available globally.

    Dec 30, 2020

Explore Economic Burden of Health Care

  • Supporters of the Affordable Care Act celebrate after the Supreme Court ruled in favor of the Obama administration, Washington, DC, June 25, 2015

    Commentary

    Why Obamacare Lives

    Economic reasoning took center stage in the Supreme Court's decision on Thursday to uphold the legality of the Affordable Care Act's subsidies in all states. The subsidies are critical to ensuring that healthy people, with lower health care costs, have adequate incentive to enroll.

    Jun 26, 2015

  • Barack Obama signing the Patient Protection and Affordable Care Act at the White House, March 23, 2010

    Content

    The Affordable Care Act: An Overview of the Evidence

    RAND researchers have analyzed the Patient Protection and Affordable Care Act—the sweeping health care reform sometimes known as “Obamacare”—from many different angles. Here's what they've learned.

    Apr 8, 2015

  • A young woman cares for her elderly grandmother

    Research Brief

    The Cost of Elderly Caregiving

    Family members and friends spend 30 billion hours each year providing care for their elderly loved ones. These caregivers are giving up valuable time, either from their jobs or from other potentially productive activities. What is the annual price tag of this informal care—and how might it be offset?

    Jan 20, 2015

  • News Release

    News Release

    Who Pays for Health Care in Vermont Under the Current System

    If Vermont considers further health care reform proposals, legislators might look for opportunities to better align the degree of subsidization available for individuals with similar incomes, regardless of whether they are enrolled on the exchange or in employer coverage.

    Jan 14, 2015

  • A stethoscope rests on a credit card.

    Report

    A Look at Health Care Spending in Vermont As It Weighs Reform

    Most Vermont residents receive more in health benefits than they pay for directly or through taxes. Those with lower incomes pay less for health care than those with higher-incomes but there is much variation, something legislators may wish to review as they consider implementing universal health coverage.

    Jan 8, 2015

  • News Release

    News Release

    Consumers Who Buy Subsidized Health Plans May Face Higher Costs When More Choices Are Available

    For people who buy subsidized coverage through marketplaces created under the ACA, those who live in areas with more plan offerings may have to pay a higher premium to receive the same deductible when compared to consumers in regions with fewer options.

    Jan 6, 2015

  • News Release

    News Release

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

    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 annually.

    Oct 27, 2014

  • A son, father, and grandfather fishing from a dock

    Commentary

    Demographics Add Urgency for Action on Dementia Long-Term Care

    Dementia takes a huge toll on those afflicted with it but also has major consequences for those who must care for them. More than 15 million Americans provide care for loved ones with dementia—tending to their daily, routine needs and ensuring their medical needs are met.

    Jul 28, 2014

  • old hands on walking stick

    Project

    Dementia Blueprint

    Annual costs of dementia exceed those of cancer and heart disease and will only continue to rise as the nation's population ages. Key policy options can help strengthen and improve long-term services and supports for those with dementia and their caregivers.

    Jun 23, 2014

  • Infographic

    Infographic

    Dementia's Mounting Toll on the U.S. Economy

    Dementia costs Americans hundreds of billions of dollars per year, and the annual cost could top half a trillion by 2040 due to the 'graying' of the U.S. population.

    May 27, 2014

  • Close up of pills/drugs on US dollar health care spending

    Commentary

    Is the ACA Keeping a Lid on Growth in Healthcare Spending?

    Some point to the healthcare spending slowdown as an early success of the Affordable Care Act. Others warn that it's merely a hangover from the recession, and that the inevitable spending rebound will be exacerbated by the ACA coverage expansions.

    Apr 3, 2014

  • Senior man and adult daughter enjoying time together over lunch

    Journal Article

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

    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.

    Jan 1, 2014

  • Britain's Prime Minister David Cameron speaks at the G8 Dementia Summit

    Commentary

    A Global Focus on Dementia

    The Group of 8 industrial nations is convening a special session to seek an international approach to dementia research at a time the disease is being recognized as a 21st century global health crisis of historic proportions.

    Dec 11, 2013

  • pills and money on American flag

    Research Brief

    Will the Affordable Care Act Make Health Care More Affordable?

    For most lower-income people who obtain coverage as a result of the Affordable Care Act, health care spending will fall. But spending by some newly insured higher-income people will increase because they will be now paying insurance premiums.

    Dec 11, 2013

  • a middle aged woman checking out at a medical reception counter

    Report

    Affordable Care Act Will Reduce Out-of-Pocket Medical Spending for Many Americans

    The Affordable Care Act will have a varied impact on health spending by individuals and families, depending primarily on their income and whether they would have been uninsured in 2016 without the program.

    Oct 1, 2013

  • News Release

    News Release

    Affordable Care Act Will Reduce Out-of-Pocket Medical Spending for Many Americans

    The Affordable Care Act will have a varied impact on health spending by individuals and families, depending primarily on their income and whether they would have been uninsured in 2016 without the program.

    Oct 1, 2013

  • elderly person's hands on walking cane

    Testimony

    The Monetary Costs of Dementia in the United States

    How do today's costs for treating patients with Alzheimer's disease compare to those of decades past?

    Jul 12, 2013

  • A woman is wheeled through an emergency department on a gurney.

    Blog

    Covering Emergency Care for Young Adults: Is the ACA Doing Its Job?

    The dependent coverage provision of the Affordable Care Act is working as intended, say Andrew Mulcahy and Katherine Harris. In 2011, it spared individuals and hospitals from $147 million in emergency room costs.

    Jun 5, 2013

  • Journal Article

    Journal Article

    Fair Pricing Law Prompts Most California Hospitals to Adopt Policies to Protect Uninsured Patients from High Charges

    Most CA hospitals have adopted financial assistance policies to provide more affordable care for the uninsured. Ninety-seven percent of hospitals say they offer free care to uninsured patients with incomes at or below the federal poverty level.

    Jun 1, 2013

  • News Release

    News Release

    Health Reform Shields Young Adults from Emergency Medical Costs

    A new federal law allowing young adults to remain on their parents' medical insurance through age 25 has shielded them, their families, and hospitals from the full financial consequences of serious medical emergencies.

    May 29, 2013