Medical Economics January 9, 2025
Key Takeaways
- Rising healthcare costs and profit-driven motives are major sources of public frustration, with out-of-pocket expenses increasing significantly since 1970.
- Accessibility issues are exacerbated by high costs, staffing shortages, and insurance network restrictions, limiting patient access to necessary care.
- Insurance system complexity leads to confusion and frustration, with many Americans struggling to understand their coverage and associated costs.
- The lack of personalized care due to overwhelming workloads and system fragmentation leaves patients feeling dissatisfied and underserved.
The health care industry must start addressing high costs, low accessibility, lack of personalization, and complexity that are keeping Americans from getting the care they need.
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