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Most Consumers Are Health and Wellness Consumers, Even in Hard Financial Times, Accenture Finds

Health Populi

That four-way, cross-cutting lens speaks to the increasingly clear and embraced reality that health happens where we live, work, play, pray, learn, and shop. All of those daily life-flows are blurring, accelerated by the pandemic and trends already in play and place by early 2020.

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Call It Deferring Services or Self-Rationing, U.S. Consumers Are Still Avoiding Medical Care

Health Populi

adults had problems paying medical bills, largely delaying care due to cost for a visit or for prescription drugs. Fast-forward to 2020, a few months into the pandemic in the U.S.: MGMA found physician productivity fell 45% in April versus the beginning of 2020, not rebounding much by July.

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

Health Populi

Note: I may be biased as a University of Michigan graduate of both the School of Public Health and Rackham School of Graduate Studies in Economics]. health care, patient assistance programs, Medicare Advantage plans, and the bundling of proven high-value preventive services into the Affordable Care Act.

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Financial Insecurity Among U.S. Workers Will Worsen in the Pandemic ? Especially for Women

Health Populi

Millions of mainstream, Main Street Americans entered 2020 feeling income inequality and financial insecurity in the U.S. For this report, PwC polled 1,683 full-time employed adults between 18 and 75 years of age in January 2020. For this report, PwC polled 1,683 full-time employed adults between 18 and 75 years of age in January 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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Medical Debt, Aflac on Eroding Health Benefits, the CBO’s Uninsured Forecast & Who Pays for Rising Health Care Prices: A Health Consumer Financial Update

Health Populi

He called out that, “In recent years, however, medical bills became the most common collection item on credit reports. The math for the deaths of despair were found to be about 1 in 140 of the individuals who became fully separated from the labor market after health care prices increased, dying from a suicide or drug overdose.

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TransUnion Reveals the Home Economics and Social Determinants of COVID-19

Health Populi

Today, 7th May 2020, the U.S. TransUnion has been tracking consumer-level effects on a weekly basis, and today in Health Populi with 3 mm+ claims filed for Pandemic Unemployment Assistance, I wanted to share TU’s latest analysis of U.S. consumers’ financial health in the COVID-19 pandemic.