Inflation Matters for Patients Considering Care Decisions

A recent survey of over 1,000 consumers found that 71% of participants said that inflation has affected their decision-making processes regarding healthcare. Results also show that one in ten people in the US owe at least 250 in medical debt. 43% of respondents said that the max amount they could comfortably spend on healthcare at the moment is just shy of that figure at $249.

According to Todd Shryock, “Additionally, about one in four say providers make it difficult for consumers to pay their medical bills. Convenience might be a factor, as nearly half say when text is offered as an option for payment, they pay their bills in six days or less.”

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(Source: Medical Economics, February 22^nd, 2023)