Healthcare Finance News May 25, 2022
While many avoid care due to costs, there has been an uptick in the percentage of patients who have access to health plan transparency tools.
Almost half of respondents to a new survey, 44%, say they have avoided getting healthcare services because they were unsure of the costs. The findings, published in HeathSparq’s 2022 Annual Consumer Sentiment Benchmark, show a steep increase from just one year ago, when 25% of patients reported skipping care.
The impact of healthcare costs was a key theme of the findings. Two-thirds of respondents, for example, reported being unaware of new government regulations requiring that health insurance plans must offer price transparency to their members. Despite this low awareness, 81% expressed support for the rule.
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