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Spending on home healthcare has grown by 24.8% over the past 18 months, more than double the growth in personal healthcare spending overall.
Additionally, lack of price transparency allows hospitals and health-care providers to institute massive markups on medical services — on average, up to 7 times the actual cost of care.
But the bigger employer benefit cost — about 8% of total compensation — is health insurance. And in 2024, the premiums your employer paid went up faster than most things, besides eggs. “So health care ...
Biotech has lagged even more. The S&P Biotechnology Select Industry Index has returned about 3 per cent annually over 10 years. In Canada, the subsector has fared much worse; the S&P/TSX Venture ...
In 2018, Massachusetts launched a website, CompareCare, to help consumers shop for health care. The goal was to let people compare the price and quality of health care across hospitals and to ...