The disparity in health costs across different metropolitan areas continues to attract attention. Time ran an article today about the high cost of healthcare in Miami. The article cites data from the Milliman Medical Index:
Hurricanes and housing busts have already battered South Florida’s image as an earthly paradise. But Miami’s reputation for dysfunction is on display again this spring as the Obama Administration shifts health-care reform into high gear — and a spate of studies slams the Magic City as the poster child for exorbitant medical costs. This week, the Milliman Medical Cost Index listed the 2008 average private provider costs for a Miami family of four —$20,282 — as the highest among the 14 major U.S. cities it studied, adding that more than 40% of that amount came out of Miamians’ own pockets.
Click here to read the full article.