“This annual report on medical cost trends was published in June 2010 and factored the impact of many variables including the US economy, which continues to emerge from a deep recession, as well as healthcare reform, which has phased-in milestones that begin in 2011. Increases in medical costs are expected to be slightly less than last year but still are projected to significantly outpace the rate of inflation raising questions about sustainability and if health reform can truly create greater efficiencies and cut costs. Our report last year correctly forecast many of the trends for 2010 and this new report explains how trends from this year will carry over to impact 2011. Key trends that both helped increase and mitigate medical costs are identified and explained in greater detail.”
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