By Staff Reporters
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5 Conditions Total 50% of Healthcare Costs
• Cancer makes up nearly 15% of all healthcare spending with employers in the study paying $533 million for nearly 103,000 cancer claims.
• Musculoskeletal conditions (including joint wear, knee injuries, hip pain, etc.) makes up 13% of healthcare spending with employers spending $477 million for 317,000 musculoskeletal claims.
• Cardiovascular conditions (including heart rhythm issues, stroke, heart attack, and heart failure) makes up 9% of healthcare spending with employers paying $357 million towards 169,000 claims.
• Gastrointestinal conditions (including colitis, irritable bowel system, celiac disease, etc.) makes up 7% of healthcare spending with employers paying $284 million for 136,000 claims.
• Neurological conditions (including Parkinson’s disease, migraines, epilepsy, etc.) makes up 6% of total health care spending with employers paying $225 million for 240,000 claims.
Source: HAC and UHC via ACDIS, April 14, 2022
CITE: https://www.r2library.com/Resource/Title/082610254
MANAGED CARE: https://www.amazon.com/Dictionary-Health-Insurance-Managed-Care/dp/0826149944/ref=sr_1_4?ie=UTF8&s=books&qid=1275315485&sr=1-4
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Filed under: Accounting, Experts Invited, Funding Basics, Glossary Terms, Health Economics, Health Insurance, Healthcare Finance | Tagged: ACDIS, HAC, healthcare costs, high cost health claims, MCOL, UHC | Leave a comment »