MedCity News January 3, 2025
David Kinsey

When employees can access care at the right time and at the right place of service, it reduces the likelihood of costlier services and can lower annual medical costs for the participating employer.

Financial wellness is an essential social determinant of health. The ability to pay for healthcare is one of the key factors affecting a person’s well-being outside of their medical history. For the 78% of Americans who live paycheck to paycheck, the upfront cost of healthcare has become a substantial barrier to overall well-being.

Medical prices are rising faster than inflation, and out-of-pocket expenses have reached unsustainable levels for many, forcing families to make difficult choices: take on medical debt using high-interest credit cards, or avoid care altogether...

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Topics: Equity/SDOH, Healthcare System, Patient / Consumer, Provider
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