The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants

Percentage of Americans Putting Off Medical Treatment Because of Costs

10 Responses

1. Barbara, on December 14, 2013 at 3:06 AM said:

   How unpaid medical bills damage your credit

   Do what you can to make sure your medical debt does not go to collections, as it can lay waste to your scores.

   http://money.msn.com/credit-rating/how-unpaid-medical-bills-damage-your-credit

   Barbara

   LikeLike
2. Ann Miller RN MHA, on December 17, 2013 at 3:45 PM said:

   Percentage of Privately Insured Young Adults Who Obtained Their Coverage Through Some Other Family Member

   1. Last 6 months of 2012 – 72.8%
   2. Last 6 months of 2010 – 59.2%
   3. First 6 months of 2008 – 55.6%

   Source: CDC/National Center for Health Statistics

   LikeLike
3. Ann Miller RN MHA, on June 12, 2014 at 6:06 PM said:

   Most and Least Expensive Cities for Common Medical Services

   According to Castlight Health, analysis of in-network price differences in a U.S. commercially insured population shows within the 30 most populous U.S. cities, prices vary greatly for the same service:

   -Up to 23x for a lipid panel in Dallas (from $15 to $343)
   -Up to 12x for a CT scan (of head/brain) in Philadelphia (from $264 to $3,271)
   -Up to 11x for an MRI (of lower back) in New York City (from $416 to $4,527)
   -Up to 4x for an adult preventive primary care visit in Phoenix (from $40 to $195)

   Castlight Health also ranked the most expensive and least expensive cities in the 30 most populous U.S. cities for four common outpatient services:

   -For a lipid panel, Indianapolis came in most expensive (average price $89) and Pittsburgh the least (average price $19)
   -For a CT scan (of head/brain), Sacramento came in most expensive (average price $1,404) and Orlando the least (average price $611)
   -For an MRI (of lower back), Sacramento came in most expensive (average price $2,635) and Seattle the least (average price $907)
   -For an adult preventive primary care visit, San Francisco came in most expensive (average price $251) and Miami the least (average price $95)

   Castlight Health

   LikeLike
4. Archie, on November 19, 2014 at 12:22 PM said:

   Are consumers getting gouged on health care?

   http://www.msn.com/en-us/money/insurance/are-consumers-getting-gouged-on-health-care/ar-BBeuHnz?ocid=iehp

   Can you blame them?

   Archie

   LikeLike
5. Selma RN, on February 2, 2015 at 7:05 PM said:

   Harris Poll: 1 in 5 Insured Americans Avoid the Doctor Due to Cost Concerns

   According to a recent online survey conducted by Harris Poll on behalf of SCIO Health Analytics:

   • 1 in 5 (44 million) insured Americans have avoided a doctor visit in the past year due to cost concerns.
   • Approximately half of US adults (117 million) have at least one chronic condition.
   • 14% (16.4 million) of the chronic population have deferred healthcare in the past year due to cost concerns.

   Source: Harris Poll, SCIO Health Analytics

   LikeLike
6. Dr. Bernard, on February 19, 2015 at 7:07 PM said:

   Study: Patient demands not to blame for increased healthcare costs

   According to a study by the JAMA Network, physicians commonly believe that patients are playing a role in the rising costs of healthcare by demanding or requesting unnecessary tests or treatments, but such requests are fulfilled at a very low rate. Below are some of the data findings:

   • 440 out of the 5,050 patient/clinician encounters involved a patient demand or request.
   • Clinicians deemed 50 out of the 440 patient/clinician encounters to be appropriate.
   • Of those 50 inappropriate demands, clinicians complied with 7 of them.
   • 216 out of the 440 patient demands were for imaging studies. (49.1%)
   • 68 out of the 440 patient demands were for palliative treatments, excluding chemotherapy. (15.5%)
   • 60 out of the 440 patient demands were for laboratory tests. (13.6%)

   Source: JAMA Network

   LikeLike
7. Ann Miller RN MHA, on June 16, 2016 at 6:10 PM said:

   25% of Hispanic Adults Didn’t Get Needed Care Due to Cost

   Kaiser Family Foundation recently released an analysis of racial disparities in American healthcare. Here are some key findings from the report:

   • 14% of white adults didn’t get care due to cost, compared to 1 in 4 Hispanic adults and 1 in 5 black adults.
   • 7 in 10 Hispanic adults had a healthcare visit in the past 12 months, vs 84% of white adults.
   • 9% of white adults report poor health, compared to 17% of American Indian/Alaska native adults.
   • Obesity prevalence among Asian adults is 9%, vs. 39% of black adults.
   • 9% of Asian adults smoke, compared to 32% of American Indian/Alaska Native adults.
   • 1 in 10 white children has asthma, compared to 17% of black children.

   Source: Kaiser Family Foundation, June 7, 2016

   LikeLike
8. Bruce, on March 7, 2017 at 11:44 AM said:

   1 in 4 Patients Requested a Cost Estimate at Their Last Visit

   Navicure recently released results from their survey on patient billing and payments. Here are some key findings from the report:

   • 3 in 4 provider organizations are able to provide a cost estimate upon request.
   • Less than 25% of patients requested a cost estimate on their last visit.
   • 51% of providers say it takes patients more than 3 months to pay in full.
   • 18% of patients claim it took them longer than 3 months to pay their last balance.
   • 1 in 5 providers think online bill pay is the most effective payment method.
   • 16% pf patients prefer a provider website to make payments.

   Source: Navicure, February 17, 2017

   LikeLike
9. Bruce, on April 10, 2017 at 7:24 PM said:

   Half of Americans are responsible for only 3 percent of health care costs

   Here’s a simple reason crafting health policy is so devilishly hard: Most Americans are pretty healthy and a few are really sick.

   Read more: https://www.washingtonpost.com/news/wonk/wp/2017/04/03/most-americans-spend-little-on-health-care-and-that-hasnt-budged-in-37-years/?utm_campaign=30b9df5e12-Newsletter_2014_07_177_17_2014&utm_medium=email&utm_source=Newsletter

   Bruce

   LikeLike
10. The D.E.A. ROGUE WARRIOR, on December 17, 2022 at 9:12 PM said:

    COSTS

    Healthcare is not immune to the forces of inflation. According to the National Business Group, healthcare costs are expected to rise by 6 – 6.5% in 2023.
     
    Given the trends, medical practices will need to focus on efficiency in 2023. This not only includes looking at expenses, but other metrics that have a high impact on profitability, like patient no-show rates.
     
    Source: Hari Prasad, Physicians Practice [12/8/22]

    LikeLike