Beckers Hospital Review: 2017 Out-Of-Pocket Healthcare Spending Grew The Fastest In 3 Years

Average out-of-pocket spending continued to climb in 2017, according to a report from global think tank JPMorgan Chase Institute.

The report — which examined data on 4.7 million Chase customers ages 18-64 in 23 states between January 2013 and December 2017 — found average annual out-of-pocket healthcare spending climbed 8.5 percent in 2017 compared to the year prior.

That represents the fastest increase since 2014. Spending increased 5.5 percent between 2015 and 2016 and 3.5 percent between 2014 and 2015.

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