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The Patient as Consumer and Payer – A Focus on Financial Stress and Wellbeing

Health Populi

Year 3 into the COVID-19 pandemic, health citizens are dealing with coronavirus variants in convergence with other challenges in daily life: price inflation, civil and social stress, anxiety and depression, global security concerns, and the safety of their families. Medical debt has become such a financial burden and stress in the U.S.

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In the U.S., Patients Consider Costs and Insurance Essential to Their Overall Health Experience

Health Populi

For mainstream Americans, “the math doesn’t add up” for paying medical bills out of median household budgets, based on the calculations in the 2019 VisitPay Report. adults 18 and over assessing peoples’ financial behaviors in the context of health care. Given a $60K median U.S. The post In the U.S.,

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Value-Based Health Care Needs All Stakeholders at the Table – Especially the Patient

Health Populi

The coolest thing in health policy in the 21st century!! ” Amitabh Chandra gave the opening context-setting talk about the effects of health care cost-sharing on patients-as-consumers. have struggled to pay for living expenses since December 2020, a year into the COVID-19 pandemic.

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Will Consumers Cross the Cost-and-Trust Chasm Between Prescription Drugs and Hospitals?

Health Populi

When asked what factors contribute to rising health care costs in America, most consumers cite the cost of prescription drugs. approaches the 2020 Presidential election. Hospital costs contribute to rising medical costs to 49% of health consumers. And that also includes how people will vote at the polls in 2020.

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Wistful Thinking: The National Health Spending Forecast In a Land Without COVID-19

Health Populi

health care spending will grow to 20% of the national economy by 2028, forecasted in projections pre-published in the April 2020 issue of Health Affairs, National Health Expenditure (NHE) Projections. Hospital care spending, the largest single component in national health spending, is estimated at $1.3

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While Costs Are A Top Concern Among Most U.S. Patients, So Are Challenges of Poverty, Food, and Housing

Health Populi

Rising health care costs continue to concern most Americans, with one in two people believing they’re one sickness away from getting into financial trouble, according to the 2019 Survey of America’s Patients conducted for The Physicians Foundation. In addition to paying for “my” medical bills, most people in the U.S.

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The Federal Reserve Chairman Speaks Out on Health Care Costs: “Spending But Getting Nothing”

Health Populi

On February 12, 2020, the Chairman of the Federal Reserve Bank of the U.S. submitted the Semiannual Monetary Policy Report to Congress and testified to the Senate Banking Committee. Some of that credit card debt no doubt has medical bills associated with it.