This is from the latest official report:
- Private payer health spending in Massachusetts outpaced national health care spending and spending by Medicare and MassHealth (Medicaid).
- Faster growth in spending by private payers was largely the result of increasing prices.
- Growth in Medicare and MassHealth spending predominately reflected increases in service use, rather than growth in prices.
- Conclusion: Health care spending continues to outpace inflation, wage growth, and other measures of economic growth in Massachusetts.
HT to Kevin Outterson.