Fact Based List:

5 Reasons why medical cost trends are still higher than inflation

  1. Use of diagnostic tests and treatments
  2. Limited reimbursement to providers from Medicare and Medicaid
  3. Mandated coverage of certain benefits, such as expanded mental health benefits and prosthetic legislation
  4. Increased administrative costs associated with new regulations
  5. Up-front costs associated with new medical technology and treatments

Source: Business Wire
Source URL: http://www.businesswire.com/news/home/20160720005169/en/Xero...