More heat in the Sunshine State
So reports an article just out from Forbes. The article looks both at the cost of care in Miami as well as some of the drivers. Quoting from the article:
Though Miami-Dade’s share of residents 65 and older accounts for 14% of the population, that doesn’t explain why it topped the institute’s list. An annual report by the actuarial and consulting firm Milliman found that Miami had the highest level of private sector medical spending among 14 major metro areas studied. According to the firm’s analysis, it costs $20,282 for a family of four covered by an employer-sponsored preferred provider organization (PPO) compared to a national average of $16,771.
Just yesterday we mentioned efforts to counter Florida’s healthcare costs with a new doctor model, one of several attempts to address some of the highest-cost care in the country.
For the national view on cost disparity, check out this new tool from the New York Times.