Healthcare Costs for American Families in 2012 Exceed $20,000 for the First Time
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Date: 05/16/12
Publisher: Milliman
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Type: Report
Level: City
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Description:
Report providing the 2012 Milliman Medical Index measurements of 14 American cities, including Los Angeles, on total cost of healthcare for a typical family of four covered by a preferred provider plan (PPO). The report finds that family healthcare spending in 2012 reached a new high averaging $20,728, a cost roughly equivalent to that of a basic mid-size sedan. The report provides scenarios detailing potential outcomes of the Supreme Court ruling on ACA and how the different rulings may effect future PPO payments for Americans.
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