The fifth annual Milliman Medical Index™ (MMI™) measures average annual medical spending for a typical American family of four covered by an employer-sponsored preferred provider organization (PPO) program. The MMI provides a consistent benchmark of healthcare benefit costs by annually assessing the changes in those costs over the most recent five-year period.
The MMI looks at key components of actual medical spending and charts the changes in these components over time, including cost changes for employers and employees. In addition to national cost trends, the MMI includes results for 14 major American metropolitan areas to illustrate how widely medical costs can vary by region.
While the MMI has always had broad implications for the healthcare sector, it takes on new importance this year as the country embarks on a discussion of how best to reform the U.S. healthcare system. The MMI offers useful context that can inform this discussion by offering a cost benchmark for employer-provided coverage, which remains a primary source of healthcare insurance.
See previous years at: http://www.milliman.com/expertise/healthcare/products-tools/mmi/index.php