May 26, 2022
Healthcare costs exceed $30,000 for typical family of four
Milliman, Inc., a premier global consulting and actuarial firm, today released the 2022 Milliman Medical Index (MMI), which measures healthcare costs for individuals and families receiving coverage from an employer-sponsored preferred provider plan (PPO).
“After years of trending in a constantly upward direction, healthcare costs took a detour from the norm in 2020 and 2021,” said Dave Liner, co-author of the Milliman Medical Index. “After declining for the first time in 2020, and then climbing by an unprecedented 13% in 2021, healthcare trends this year have stabilized at 4.6%.”
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