Becker's Healthcare June 22, 2022
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...