Prescription drugs and hospital care are the primary drivers of the growth in private insurance spending

Composition of Private Insurance Payments (% of Total Private Insurance Spending)

Source: Centers for Medicare and Medicaid ServicesEmbed Download image
Notes: “Equipment” includes both durable medical equipment and other non-durable medical products. “All Other Care” includes dental services, other professional services, and other health, residential, and personal care expenditures. “Administrative Expenses” includes government administrative expenses and the total net cost of health insurance expenditures.