About 61% of Utahns purchase health insurance through employers. This is the highest in the nation and significantly higher than the U.S. average of 49%. As such, Utah’s employers can play a larger role in the future of our state’s health care system and promote greater flexibility and control in costs.
A report investigating median out-of-pocket spending on medical expenses per state between 2016-2017 showed that Utahns spent significantly more than the average American for their care and prescription drugs. Between 2012 and 2017, the average annual cost of brand name prescription drug treatment in Utah increased by 58%. Private sector innovation and drug pricing transparency laws, which require drug companies to disclose price increases in advance, will be critical steps for greater transparency and affordability.