Total Medical Expenses
What does this measure?
Total Medical Expenses (TME) measures all spending on medical care paid to health care providers, per patient per month.
Why is this important?
Medical spending is a major component of total health care spending, which is a growing part of the national and local economy. This fuels increased employment in this sector but can also crowd out spending for other priorities, from education to infrastructure to the environment.
How is our county doing?
Medical spending in Essex County was $453 per member, per month in 2014, about flat with 2013 and above statewide medical spending of $440.
Spending levels were highest in the towns of Nahant ($573), Salisbury ($565) and Saugus ($501) and lowest in the towns of Wenham ($400) and Manchester ($398) and the City of Lawrence City ($374).
How do we compare to similar counties?
Medical spending in Essex County was a bit higher than Middlesex County ($444 per member per month). Comparable data was not available for Lake, IL and Westchester, NY.
Notes about the data
Figures are in constant 2015 dollars. Earlier and later years were not available. Data is collected from commercial and public payers for commercial full claims, commercial partial claims, Medicaid and Commonwealth Care Managed Care Organizations (MCO), and Medicare Advantage health insurance categories.