Federal Employees’ Share Of Health Premiums To Increase 6.2 Percent Next Year
Federal officials attributed the rise largely to increasing prescription drug costs, which make up about a quarter of the total costs in the program, general inflation and the aging of the covered population, The Washington Post reports. Meanwhile, Bloomberg examines how the U.S. health care system compares to other countries.
The Washington Post:
Federal Employee Health Premiums To Rise 6.2 Percent On Average
The enrollee share of premiums in the health-care program for federal employees and retirees will rise 6.2 percent on average in 2017, an increase about in line with the general trend for employer-sponsored health insurance, the government announced Wednesday. The announcement of premium rates in the Federal Employees Health Benefits Program comes in advance of an annual open season, which this year will run Nov. 14-Dec. 12, during which enrollees may change plans or change types of enrollment for the following year. Also, employees who are not currently enrolled may join the program, although retirees generally may not newly join. (Yoder, 9/28)
U.S. Health-Care System Ranks As One Of The Least-Efficient
The U.S. health-care system remains among the least-efficient in the world. America was 50th out of 55 countries in 2014, according to a Bloomberg index that assesses life expectancy, health-care spending per capita and relative spending as a share of gross domestic product. Expenditures averaged $9,403 per person, about 17.1 percent of GDP, that year — the most recent for which data are available — and life expectancy was 78.9. Only Jordan, Colombia, Azerbaijan, Brazil and Russia ranked lower. (Du and Lu, 9/28)