SEATTLE, May 19, 2020 /PRNewswire/ -- QuoteWizard®, a LendingTree company, and one of the nation's leading online insurance marketplaces released a report on states with the highest hospital expenses. The influx brought on from the pandemic comes at a time where hospital expenses are at an all-time high after a decade of steep increases.
Over the last decade, each state, with the exception of Alaska and Maryland, has experienced an increase in hospital expenses. The rate of increase varies by state, but the reasons for increased expenses are likely similar. Our complex health insurance system in the United States leaves us in tremendous debt, and hospitals must continue to increase health care costs to offset the losses incurred by health insurance deficiencies.
Key findings:
- North Dakota, Wyoming and Wisconsin saw the highest increases in hospital expenses per visit.
- North Dakota, Connecticut and Oregon have the highest hospital expenses per visit in America.
- Nearly 10% of Americans are uninsured, leaving $35 billion dollars in uncompensated health care annually.
- Hospital debt increased from $617 million in 2015 to $56 billion in 2018.
- The complex American health insurance system leaves a total of 8% of health care costs going towards administrative costs. Other developed countries spend 1% to 3% on administrative costs.
- The average hospital expense for an inpatient visit costs $2,335 — 36% higher from a decade ago.
Rank |
Location |
2009 Average |
2018 Average |
Rate Change |
1 |
North Dakota |
$1,238 |
$3,573 |
188.61% |
2 |
Wyoming |
$1,293 |
$2,473 |
91.26% |
3 |
Wisconsin |
$1,629 |
$2,807 |
72.31% |
4 |
Idaho |
$1,781 |
$2,966 |
66.54% |
5 |
Vermont |
$1,586 |
$2,633 |
66.02% |
6 |
New York |
$1,811 |
$2,894 |
59.80% |
7 |
Nebraska |
$1,347 |
$2,140 |
58.87% |
8 |
Connecticut |
$2,238 |
$3,481 |
55.54% |
9 |
Minnesota |
$1,317 |
$2,048 |
55.50% |
10 |
Illinois |
$1,646 |
$2,522 |
53.22% |
11 |
West Virginia |
$952 |
$1,446 |
51.89% |
12 |
Ohio |
$1,812 |
$2,702 |
49.12% |
13 |
Kansas |
$1,344 |
$1,963 |
46.06% |
14 |
Arkansas |
$1,361 |
$1,984 |
45.78% |
15 |
Tennessee |
$1,381 |
$2,013 |
45.76% |
16 |
New Mexico |
$1,985 |
$2,826 |
42.37% |
17 |
California |
$2,239 |
$3,180 |
42.03% |
18 |
Kentucky |
$1,434 |
$2,020 |
40.86% |
19 |
Colorado |
$2,086 |
$2,931 |
40.51% |
20 |
Pennsylvania |
$1,356 |
$1,892 |
39.53% |
21 |
Oregon |
$2,459 |
$3,426 |
39.32% |
22 |
Michigan |
$1,439 |
$1,991 |
38.36% |
23 |
Texas |
$1,944 |
$2,664 |
37.04% |
24 |
Utah |
$2,104 |
$2,883 |
37.02% |
25 |
Hawaii |
$1,656 |
$2,235 |
34.96% |
26 |
Louisiana |
$1,522 |
$2,054 |
34.95% |
27 |
Oklahoma |
$1,441 |
$1,939 |
34.56% |
28 |
Washington |
$2,516 |
$3,385 |
34.54% |
29 |
Maine |
$1,331 |
$1,785 |
34.11% |
30 |
Arizona |
$1,874 |
$2,482 |
32.44% |
31 |
Indiana |
$1,816 |
$2,391 |
31.66% |
32 |
South Dakota |
$1,563 |
$2,053 |
31.35% |
33 |
New Jersey |
$1,828 |
$2,399 |
31.24% |
34 |
North Carolina |
$1,579 |
$2,050 |
29.83% |
35 |
New Hampshire |
$1,871 |
$2,400 |
28.27% |
36 |
Georgia |
$1,262 |
$1,607 |
27.34% |
37 |
Virginia |
$1,970 |
$2,435 |
23.60% |
38 |
Florida |
$1,707 |
$2,105 |
23.32% |
39 |
Alabama |
$1,294 |
$1,582 |
22.26% |
40 |
South Carolina |
$1,745 |
$2,052 |
17.59% |
41 |
Missouri |
$1,789 |
$2,101 |
17.44% |
42 |
Mississippi |
$1,265 |
$1,472 |
16.36% |
43 |
Massachusetts |
$2,066 |
$2,390 |
15.68% |
44 |
Rhode Island |
$2,235 |
$2,509 |
12.26% |
45 |
Montana |
$1,444 |
$1,599 |
10.73% |
46 |
Iowa |
$1,442 |
$1,595 |
10.61% |
47 |
Nevada |
$2,018 |
$2,213 |
9.66% |
48 |
Delaware |
$1,954 |
$2,062 |
5.53% |
49 |
Maryland |
$2,093 |
$2,080 |
-0.62% |
50 |
Alaska |
$2,354 |
$2,188 |
-7.05% |
Methodology
We analyzed American Hospital Association data via Kaiser Family Foundation on hospital expenses per visit in each state from 2009 to 2018. We compared hospital expense averages in each state over a 10-year period to see which states have seen the largest increases in hospital expenses. Final rankings are based on states that saw the largest percentage increases in hospital expenses per visit.
About QuoteWizard QuoteWizard (quotewizard.com) is an insurance comparison marketplace for consumers looking to save on insurance. QuoteWizard provides consumers with direct access to thousands of qualified agents in all 50 states, as well as major carriers, who offer personalized quotes and the opportunity to save up to 40% on auto, home, health, and life insurance. Agents and carriers, in turn, benefit from millions of highly qualified leads, calls, and traffic to their site. Based in Seattle, QuoteWizard was founded in 2006.
For more information, go to quotewizard.com, like our Facebook page and/or follow us on Twitter @quotewizard.
About LendingTree LendingTree (NASDAQ: TREE) is the nation's leading online marketplace that connects consumers with the choices they need to be confident in their financial decisions. LendingTree empowers consumers to shop for financial services the same way they would shop for airline tickets or hotel stays, comparing multiple offers from a nationwide network of over 500 partners in one simple search, and can choose the option that best fits their financial needs. Services include mortgage loans, mortgage refinances, auto loans, personal loans, business loans, student refinances, credit cards and more. Through the My LendingTree platform, consumers receive free credit scores, credit monitoring, and recommendations to improve credit health. My LendingTree proactively compares consumers' credit accounts against offers on our network and notifies consumers when there is an opportunity to save money. In short, LendingTree's purpose is to help simplify financial decisions for life's meaningful moments through choice, education and support. LendingTree, LLC is a subsidiary of LendingTree, Inc.
Media Contacts:
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SOURCE QuoteWizard
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