Indiana ranks low on health care ROI

Indiana ranks low on health care ROI
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A study by WalletHub groups Indiana as one of the ten worst states in the nation for health care "return on investment."

WalletHub processed data from 47 states to come up with a metric that measured the quality of American health care relative to cost. The data shows what level of care to expect for the price patients pay in their states.

Indiana ranked 41st based on America's Health Ranking Annual Report, 40th based on Death Rates (adjusted by age group) and 41st based on Average Individual Health Insurance Premiums.

Maine, Rhode Island and Vermont were excluded from the analysis due to data limitations.

To calculate the ROI for health care expenditures, WalletHub used the following formula:
  • Health ROI = Quality of Health Ranking/Health Care Costs Ranking
Each variable can be broken down as follows:

  • To determine the Health Care Costs Ranking, WalletHub used the average individual health insurance premiums as a proxy.
  • To determine the Quality of Health Ranking, they used America's Health RankingsĀ® and death rate rankings. America's Health Rankings measures health using 27 metrics that range from smoking and obesity to sedentary lifestyle and diabetes.
The assessments were quality-based on observed death rates on the following age groups: less than 1-year-old, 1 to 4 years old, 5 to 14, 15 to 24, 25 to 34, 35 to 44, 45 to 54, 55 to 64, 65 to 74, 75 to 84, and 85 and older. All age groups were weighted equally.