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U-M Study Examines Climbing Costs Of Hospital Stays

Hospital Room
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Even with good health insurance, it costs most people more that $1,000 for a hospital stay.  A new local study looks at the rising cost of what patients are paying for hospital treatments.

Researchers at the University of Michigan Institute for Healthcare Policy and Innovation found out-of-pocket payments for hospital treatments are on the rise.  They've increased more than 37% just for straightforward hospital stays for common conditions in recent years.  

The U of M researchers looked at data from more than 50 million Americans over a four-year period.

Deductibles skyrocketed 86% while co-insurance, a percentage of hospital costs insurance plans often expect patients to pay, went up 33%.

The study reveals the hidden costs of health care that patients with insurance didn't think they would owe.

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— Lisa Barry is the host of All Things Considered on WEMU.  You can contact Lisa at734.487.3363, on Twitter @LisaWEMU, or email her at lbarryma@emich.edu

Lisa Barry was a reporter, and host of All Things Considered on 89.1 WEMU.
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