Healthcare spending growth projected to slow in 2014
For 2014, PwC’s Health Research Institute (HRI) projects a medical cost trend of 6.5%. This is a full percentage point lower than last year’s projection. What is driving this slowing growth rate? First is the increase in average deductibles. In-network deductibles have increased from $680 in 2009 to $1230 in 2013; out-of-network deductibles have increased…