While I’m certainly not the first to point these features out, it is astounding to look at how quickly health insurance premia have grown overtime, especially when you compare this growth to that of average wages, total Medicare spending per enrollee and total Medicaid spending per enrollee. To facilitate comparisons, I show the distribution of these items across states in 2001 and in 2009. Finally, it’s notable how much less Medicaid costs have been growing relative to other health costs.
Note that these charts are preliminary. Data from CMS, BEA, MEPS.