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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.

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Only in America: Medical Debt Hits High Income and Insured People, KHN and NPR Report

Health Populi

Note that nearly 1 in 2 of high-income Americans, earning at least $100,000 a year, had had health care debt in the past five years, shown in the first chart from the Kaiser Family Foundation Health Care Debt Survey. health citizens. ” The KFF Survey wondered, “Who has health care debt? .

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Despite Greater Digital Health Engagement, Americans Have Worse Health and Financial Outcomes Than Other Nations’ Health Citizens

Health Populi

The idea of health care consumerism isn’t just an American discussion, Deloitte points out in its 2019 global survey of healthcare consumers report, A consumer-centered future of health. health care is Americans’ growing financial exposure to first-dollar costs as patients continue to morph into medical bill payors.

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Job #1 for Next President: Reduce Health Care Costs – Commonwealth Fund & NBC News Poll

Health Populi

adults say lowering the cost of health care in America should be high priority for the next American president, according to a poll from The Commonwealth Fund and NBC News. Health care costs continue to be a top issue on American voters’ minds in this 2020 Presidential election year, this survey confirms. Four in five U.S.

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1 in 2 U.S. Women (“The Bedrock of Society”) Self-Ration Care – the Latest Deloitte Findings

Health Populi

are more likely to avoid care than men in America, Deloitte found in the consulting firm’s latest survey on consumers and health care. consumer survey in February and March, 2024. Women in the U.S. Deloitte coins this phenomenon as a “triple-threat” that women face in the U.S.

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Changing Views of Retirement and Health Post-COVID: Transamerica’s Look At Workers’ Disrupted Futures

Health Populi

With that context, I’ll leave you with the latest estimate from Fidelity Investments on how much money a couple retiring in 2022 at 65 years of age would need to cover their health care costs in retirement — just their medical costs, not living or traveling or other expenses — and not including long-term care.