Health Care

News Release | Arizona PIRG | Health Care

New Report Shows How Much Health Insurers Actually Spend on Care

With Americans increasingly concerned about rising health care costs, the Arizona Public Interest Research Group (Arizona PIRG) today released a report finding that health insurers can cut overhead and increase patient care.  The report, More Bang for the Health Care Buck: How an Efficiency Standard for Health Insurers Can Reduce Overhead and Deliver More Patient Care, examines how much health insurers spend on health care benefits, rather than administrative overhead.  It concludes that an efficiency standard requiring insurers to spend 85% of their revenues on patient care is a realistic, achievable standard that will reduce the cost of health care and provide higher-value coverage.

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