Supply-chain and labor shortages, along with pent-up demand, are increasing costs for healthcare. But they might be in for more bad news as healthcare costs rise. Premiums could rise even more in 2024 as higher healthcare costs settle in and get passed down to consumers. You can thank people flocking back to the doctor, more expensive equipment, and surging labor costs for your higher future bill. Labor costs are rising across the boardJob openings in healthcare are still elevated, and well above pre-pandemic levels, according to Fitch.

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