Report predicts growth in health care costs

2021-06-11

The PwC Health Research Institute's annual cost trend report projects medical cost growth to decline from 7% this year to 6.5% next year as pent-up demand wanes. Supply chain investments, higher wages, negative effects of deferred care and high costs for mental health and substance use treatment are expected to drive growth, but remote work, virtual care and greater retail clinic use will offset some growth, the report says.

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