The size of these deductibles has increased exponentially. Researchers found that from 2002 to 2022, deductibles for single-person plans increased by 380% each year, or an average of 8.7%. Family plan deductibles increased by 332% or 7.8% annually.
Consumers probably won't notice any changes right away, since the state's plan is to slow growth in health spending, not necessarily cut it.
However, over time, changes may occur. Glenn Melnick, a health economist at the University of Southern California, offers an example: Contribution will decrease. ”
“What if this goal had been set for the past 10 years?” he said.
California provider criticizes cap
Hospital and physician representatives say that setting spending limits based solely on household income, without taking into account the cost of providing care, could reduce access for patients and lower quality of care. He warns.
They argue that the proposed cap doesn't take into account things that health care providers can't control, such as general inflation, rising drug costs and the natural increase in spending as states age.
“[The office’s] The proposed targets completely ignore the drivers of health spending. “This would force health care providers to significantly reduce the care they provide or face penalties,” Ben Johnson, vice president of policy at the California Hospital Association, wrote in a letter to the board. mentioned in.
