Drug and Hospital Costs Account for Nearly Two-Thirds of Americans’ Health Care Dollar

Nearly one quarter of every dollar Americans pay for health care premiums now goes to prescription drug costs, while hospital costs account for over 40 cents of that dollar, a new AHIP analysis of commercial health care premiums shows.

“Health plans are using all the tools at their disposal to shield Americans from soaring drug and hospital costs while providing access to high-quality health care as affordably as possible. Bipartisan reforms are needed to end drugmakers’ abuse of the prescription drug patent system and protect consumers from opaque hospital billing practices,” AHIP President and CEO Mike Tuffin said.

Click here to learn more about where Americans’ health care premiums go.