This chart collection explores price increases in private insurance for common services over time and finds significant geographic variation in prices. For example, the average price of a full knee replacement for those in large employer plans increased from $19,595 in 2003 to $34,063 in 2016, growth of 74% compared to a 28% increase in general inflation. The average price of a knee replacement in New York City is more than twice the price of the same procedure in the Louisville, Kentucky area.
How have healthcare prices grown in the U.S. over time?
