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Posts Tagged ‘John Cookson’

S&P: Annual growth rates slowed in March

May 16th, 2013

Data released today by S&P Dow Jones Indices for the S&P Healthcare Economic Composite Index indicates that the average per capita cost of healthcare services covered by commercial insurance and Medicare programs increased by 3.02% over the 12 months ending March 2013, decelerating from the +3.11% annual growth rate recorded in February. It posted the lowest rate of growth since January 2005.

Seven of the nine S&P Healthcare Economic Indices showed slower annual growth rates for March 2013 compared to February 2013. Annual growth rates for five of the healthcare indices hit their historic lows in March. As measured by the S&P Healthcare Economic Commercial Index, healthcare costs covered by commercial insurance plans rose by 4.46% in March, down from +4.63% reported for February. The Commercial Index rate hit its historic low in March. Annual growth rates in Medicare costs increased by 0.82%, according to the S&P Healthcare Economic Medicare Index, up from +0.78% recorded last month.

The Hospital Index’s growth rate hit its historic low of +1.86% in March, down from +1.92% recorded in February. The Hospital Medicare Index posted a +1.89% annual rate in March, up from +1.73% recorded last month. The Hospital Commercial annual growth rate hit its historic low of +1.81% in March; it posted +2.03% in February.

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S&P: Annual growth rates decelerate in February

April 18th, 2013

Data released today by S&P Dow Jones Indices for the S&P Healthcare Economic Composite Index indicates that the average per capita cost of healthcare services covered by commercial insurance and Medicare programs increased by 3.10% over the 12 months ending February 2013, slower than the +3.82% annual growth rate recorded in January.

All nine of S&P Healthcare Economic Indices showed slower annual growth rates for February 2013 compared to January 2013. As measured by the S&P Healthcare Economic Commercial Index, healthcare costs covered by commercial insurance plans rose by 4.62% in February, down from +5.41% reported for January. Annual growth rates in Medicare claim costs increased by 0.78%, according to the S&P Healthcare Economic Medicare Index, down from +1.40% recorded last month.

The Professional Services Index annual growth rate was +4.19% in February 2013, down from the +5.00% January point. The Professional Services Commercial Index decelerated to +6.86% in February, down from +7.61% reported in January. The Professional Services Medicare annual growth rate set a new low of -0.87% in February, down from +0.02% posted in January.

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S&P: Annual growth rates accelerate in January

March 21st, 2013

Data released today by S&P Dow Jones Indices for the S&P Healthcare Economic Composite Index indicates that the average per capita cost of healthcare services covered by commercial insurance and Medicare programs increased by 3.83% over the 12 months ending January 2013. This is an acceleration from the +3.72% annual growth rate recorded in December 2012.

Eight of the nine S&P Healthcare Economic Indices showed increased annual growth rates in January 2013. As measured by the S&P Healthcare Economic Commercial Index, healthcare costs covered by commercial insurance plans increased by 5.41% in January, up from +5.38% reported for December. Annual growth rates in Medicare claim costs rose by 1.41%, according to the S&P Healthcare Economic Medicare Index, up from +1.19% recorded in December.

The Professional Services Index annual growth rate was +4.98% in January 2013, up from the +4.77% December 2012 point. The Professional Services Commercial Index accelerated to +7.58% in January, up from +7.33% reported in December. The Professional Services Medicare annual growth rate was +0.03% in January, up from -0.12% posted in December.

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S&P: Annual growth rates broadly decelerate in December

February 21st, 2013

Today S&P Dow Jones Indices announced the results of S&P Economic Healthcare Indices for 2012. Data released by S&P Dow Jones Indices for the S&P Healthcare Economic Composite Index indicates that the average per capita cost of healthcare services covered by commercial insurance and Medicare programs increased by 3.73% over the 12 months ending December 2012. This is a deceleration from the +4.46% annual growth rate recorded in November 2012 and the lowest rate in the eight-year history of the index.

All nine S&P Healthcare Economic Indices posted deceleration in their annual growth rates in December 2012. As measured by the S&P Healthcare Economic Commercial Index, healthcare costs covered by commercial insurance plans increased by 5.39% over the year ending December 2012, down from +6.19% reported for November 2012. Annual growth rates in Medicare claim costs rose by 1.20%, according to the S&P Healthcare Economic Medicare Index, down from +1.81% recorded in November 2012. It is the lowest growth rate in the history of the Medicare Index.

The Professional Services Index annual growth rate was +4.78% in December 2012, down from the +5.68% November rate. The Professional Services Commercial Index decelerated to +7.34% in December, down from +8.17% reported in November. The Professional Services Medicare annual growth rate was -0.12% in December, down from +0.92% posted in November 2012. It is the first appearance of negative annual growth rate in the history of the index.

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S&P: Annual growth rates decelerate in November 2012

January 17th, 2013

Data released today by S&P Dow Jones Indices for the S&P Healthcare Economic Composite Index indicates that the average per capita cost of healthcare services covered by commercial insurance and Medicare programs increased by 5.07% over the 12 months ending November 2012. This is a deceleration from the +5.27% annual growth rate recorded in October 2012.

Eight out of nine S&P Healthcare Economic Indices posted deceleration in their annual growth rates in November 2012. As measured by the S&P Healthcare Economic Commercial Index, healthcare costs covered by commercial insurance plans increased by 6.86% over the year ending November 2012, down from +7.15% reported for October 2012. Annual growth rates in Medicare claim costs rose by 2.32%, according to the S&P Healthcare Economic Medicare Index, down from +2.40% recorded in October 2012. The Professional Services Index annual growth rate was +6.49% in November 2012, down from the +6.61% October print. The Hospital Index’s growth rate hit its historic low of +3.57% in November from +3.83% recorded in October 2012. It was driven by the Hospital Commercial Index, which hit its lowest rate since the index began in January 2005 with an annual growth rate of +4.26%. It posted a +4.79% annual rate last month.

The Professional Services Commercial Index decelerated to +9.03% in November, down from +9.06% reported in October. The Professional Services Medicare annual growth rate decelerated to +1.61% in November from +1.91% posted in October 2012. The Hospital Medicare annual growth rate posted +2.61% in November, up from its +2.54% October rate.

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S&P: Annual growth rates accelerated in October

December 20th, 2012

Data released today by S&P Dow Jones Indices for the S&P Healthcare Economic Composite Index indicates that the average per capita cost of healthcare services covered by commercial insurance and Medicare programs increased by 5.28% over the 12 months ending October 2012. This is an acceleration from the +5.09% annual growth rate recorded in September 2012.

Seven out of nine S&P Healthcare Economic Indices posted acceleration in their annual growth rates in October 2012. As measured by the S&P Healthcare Economic Commercial Index, healthcare costs covered by commercial insurance plans increased by 7.16% over the year ending October 2012, up from +7.09% reported for September 2012. Annual growth rates in Medicare claim costs rose by 2.41%, according to the S&P Healthcare Economic Medicare Index, up from +2.04% recorded in September 2012. The Professional Services Index annual growth rate was +6.63% in October 2012, up from +6.16% in September 2012. The Hospital Index’s growth rate hit its seven-and-a-half year historical low of +3.83% in October from +3.86% recorded in September 2012. It was driven by the Hospital Commercial Index, which hit a new recent low with an annual growth rate of +4.78%—its lowest rate since October 2009. It posted a +5.15% annual rate last month.

The Professional Services Commercial Index accelerated to +9.08% in October, up from +8.54% reported in September. It was the highest rate since July 2008. The Professional Services Medicare annual growth rate accelerated to +1.92% in October after reaching its historical low of +1.57% in September 2012. The Hospital Medicare annual growth rate posted +2.55% in October, which was up from its +2.17% September rate.

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S&P: Annual growth rates substantially decelerate in September

November 15th, 2012

Data released today by S&P Dow Jones Indices for the S&P Healthcare Economic Composite Index indicates that the average per capita cost of healthcare services covered by commercial insurance and Medicare programs increased by 5.06% over the 12 months ending September 2012. This is a deceleration from the +5.70% annual growth rate recorded in August 2012.

All nine S&P Healthcare Economic Indices posted decelerations in their annual growth rates in September 2012. Professional Service Medicare and the Hospital Index posted their lowest annual rates since January 2005; additionally, the Hospital Commercial Index hit a new recent low with an annual growth rate of +5.12%—its lowest since May 2010. As measured by the S&P Healthcare Economic Commercial Index, healthcare costs covered by commercial insurance plans increased by 7.05% over the year ending September 2012, down from the +7.81% reported for August 2012. Annual growth rates in Medicare claim costs rose by 2.04%, according to the S&P Healthcare Economic Medicare Index, down from the +2.48% recorded in August 2012. The Professional Services Index annual growth rate was +6.13% in September 2012, down from the +6.67% August 2012 point. The Hospital Index’s growth rate fell to its seven-and-a-half year historical low of +3.84% in September from +4.54% recorded in August 2012.

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S&P: Healthcare cost increases decelerate in August

October 18th, 2012

Data released today by S&P Dow Jones Indices for the S&P Healthcare Economic Composite Index indicates that the average per capita cost of healthcare services covered by commercial insurance and Medicare programs increased by 5.70% over the 12 months ending August 2012. This is a deceleration from the +6.15% annual growth rate recorded in July 2012.

As measured by the S&P Healthcare Economic Commercial Index, healthcare costs covered by commercial insurance plans increased by 7.81% over the year ending August 2012, down from the +8.36% reported for July 2012. Annual growth rates in Medicare claim costs rose by 2.48%, according to the S&P Healthcare Economic Medicare Index, down from the +2.79% recorded in July 2012. The Professional Services Index annual growth rate was +6.67% in August 2012, down from the +6.95% July 2012 print. The Hospital Index’s growth rate fell to +4.54% in August from +5.11% recorded in July 2012.

In August 2012, the Professional Services Medicare Index was up 2.36%, decelerating from its July level of 2.98%. The Hospital Medicare annual growth rate in August was +2.35%, compared to its +2.44% rate in July. The Professional Services Commercial Index decelerated to +8.90% in August, from its recent high of +9.00% reported in July. The Hospital Commercial Index’s annual growth rate decelerated to +6.23% in August from the +7.21% posted for July.

“All nine healthcare indices we publish decelerated in August 2012; and the deceleration is pretty substantial compared to recent historic patterns,” says David M. Blitzer, Chairman of the Index Committee at S&P Dow Jones Indices. “In August, the Composite Index posted an annual rate of +5.70%, the Commercial Index +7.81% and the Medicare Index +2.48%. These rates were below their respective July 2012 rates.

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S&P: Annual growth rates accelerate for seven of nine indices in July

September 20th, 2012

Data released today by S&P Dow Jones Indices for the S&P Healthcare Economic Composite Index indicates that the average per capita cost of healthcare services covered by commercial insurance and Medicare programs increased by 6.14% over the 12 months ending July 2012. This is an acceleration from the +5.76% annual growth rate recorded in June 2012.

As measured by the S&P Healthcare Economic Commercial Index, healthcare costs covered by commercial insurance plans increased by 8.34% over the year ending July 2012, up from the +8.06% reported for June 2012. Annual growth rates in Medicare claim costs rose by 2.79%, according to the S&P Healthcare Economic Medicare Index, up from the +2.27% recorded in June 2012. The Professional Services Index annual growth rate was +6.95% in July 2012, up from the +6.05% June 2012 print. The Hospital Index’s growth rate fell to +5.09% in July from its +5.19% June annual rate.

In July 2012, the Professional Services Medicare Index was up 2.97%, accelerating from its recent low of 2.41% recorded in June. The Hospital Medicare annual growth rate in July was +2.44%, compared to its +1.95% rate in June. The Professional Services Commercial Index accelerated to +8.99% in July, from +7.92% in June; and the Hospital Commercial Index’s annual growth rate decelerated to +7.18% in July from the +7.77% posted for June.

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S&P: Healthcare costs decelerated in June

August 16th, 2012

Data released today by S&P Dow Jones Indices for the S&P Healthcare Economic Composite Index indicates that the average per capita cost of healthcare services covered by commercial insurance and Medicare programs increased by 5.78% over the 12 months ending June 2012. This is a deceleration from the +6.06% annual growth rate recorded in May 2012 and the +6.11% rate in April 2012.

As measured by the S&P Healthcare Economic Commercial Index, healthcare costs covered by commercial insurance plans increased by 8.09% over the year ending June 2012, down from the +8.40% reported for May 2012. Annual growth rates in Medicare claim costs rose by 2.27%, according to the S&P Healthcare Economic Medicare Index, down from the +2.50% recorded in May 2012. The Professional Services Index annual growth rate was +6.07% in June 2012, down from the +6.28% May 2012 print. The Hospital Index’s growth rate fell to +5.22% in June from its +5.56% annual rate in May.

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