Healthcare costs to grow 7% next year: PwC

Generally, the projections have been close to actual cost growth, but researchers sometimes revise previous estimates, said Thom Bales, U.S. services health sector lead at PwC. For instance, the 6.5% 2022 cost growth projection was adjusted to 5.5%. 

Looking ahead to 2024, providers’ expense growth and subsequent rate increases, along with pharmaceutical price hikes, will drive healthcare inflation, PwC researchers said.

Here’s what PwC…