Healthcare spending is up for patients who are newly insured in 2015, according to a report from UPI.
Here are seven things to know:
1. The previously uninsured rate saw a 4.6 percent increase in healthcare spending last year over 2014. The spending increase is more than in the past, with spending only jumping 2.6 percent in 2014 and 3 percent in 2013.
2. Higher prescription drug costs, more ER visits and additional hospitalizations drove the spending increase.
3. Prescription medication costs were up significantly, with brand-name prescriptions jumping 11 percent in 2015 and generic drug prices climbing 3 percent.
4. Americans younger than 65-years-old with employer-sponsored coverage spent an average of $5,141 per person last year. People older than 45-years-old spent $1,000-plus out-of-pocket with expenditures higher among women.
5. There was a steady decline in ER visits last year but the cost of the visit increased 10.5 percent.
6. The average hospital admission price was $20,000 last year.