PwC Predicts 6.5% Medical Cost Trend For 2022

The 2022 medical cost trend for commercial and self-insured employers will 6.5%, or slightly lower than 2021 yet still somewhat higher than the recent pre-pandemic rate, PwC’s Health Research Institute (HRI) predicts in its annual report dubbed Medical Cost Trend: Behind the Numbers . The firm expects costs will be driven by continued spending on COVID, pandemic preparedness and investments in digital therapies, while patients' new willingness to get care at lower-cost sites and the health system’s embrace of more...