PR Newswire September 10, 2019
Patients endure poor price transparency and surprise medical bills as out-of-pocket obligations continue to rise
As out-of-pocket healthcare costs continue to rise, a majority of healthcare consumers lack a clear understanding into what they owe or how to pay for it, according to a recent survey from VisiQuate.
According to the survey, 75% percent of consumers weren’t made aware of their financial obligations until after a procedure or service was completed. A majority of respondents (73%) also claimed to have received a surprise or unexpected bill for a medical procedure within the last year.
Survey Analysis
The conversation of healthcare consumerism continues to buzz around the rise of high-deductible health plans (HDHPs), which are defined as health plans with...
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