Becker's Healthcare June 22, 2022
Andrew Cass

Inequities currently account for $320 billion in healthcare spending annually, and that figure could grow to $1 trillion by 2040 if not addressed, according to a June 22 report from Deloitte.

Annual healthcare costs for the average American could reach $3,000 by 2040 — up from $1,000 today — if those inequities are left unaddressed, according to the report.

“Inequities across the U.S. health system limit underserved people’s access to affordable, high-quality care, create avoidable costs and financial waste that span society, and impact every individual’s potential to achieve health and well-being,” Deloitte stated in the report.

Deloitte’s acturial team developed a model to quantify the link between healthcare spending and health inequities related to race, socioeconomic...

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Topics: Employer, Equity/SDOH, Govt Agencies, Healthcare System, Insurance, Patient / Consumer, Provider, Survey / Study, Trends
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