Tuesday, December 20, 2016

Cost of Care in Minnesota Increased 5.6% from 2014-2015

Minnesota Community Measurement recently released their 2016 Cost & Utilization Report for the state of Minnesota. Here are some key findings from the report:

1.5 million patients accrued over $8 billion in health care costs during 2015.
Males had a lower overall cost of care ($437 compared to $505 for females).
The overall increase in total cost of care was 5.6% from 2014 to 2015.
Males accounted for 11.9% of the dollars spent compared to females at 7.6%.
The cost of a 15-minute office visit ranges from $75 to $210.
A blood glucose test ranges from $6 to $51 for commercially insured patients.

Source: Minnesota Community Measurement, November 2016

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