Fifty-nine percent of patients in 2018 on average paid between $500-$1000 in out-of-pocket costs during health care visits, according to a new report from TransUnion Healthcare.
The report also found a dip in how many patients faced average out-of-pocket costs of less than $500. While 49 percent of patients saw at least $500 in out-of-pocket expenses, only 36 percent faced those same financial burdens in 2018.
“For several years patients have faced a greater cost burden as healthcare expenses shifted from payers to patients,” TransUnion Healthcare President Dave Wojczynski said in a statement. “As a result, patients are now making decisions about where they receive care based on costs – not just the quality of care they may receive.”
To learn more about TransUnion Healthcare’s report, click here.