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How COVID-19 is Hurting Americans’ Home Economics in 2020

Health Populi

economy, impacting jobs, wages, and health insurance rolls. who have had their income impacted by the coronavirus have either fallen behind in paying off credit card debt or other bills, had problems paying for utilities, have lagged in paying for housing (rent or mortgage), been challenged paying for food, or other out-of-pocket costs.

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The Patient As Payor: Workers Covered by Employer Health Insurance Spend 11.5% of Household Incomes on Premiums and Deductibles

Health Populi

Workers covered by health insurance through their companies spend 11.5% of their household income on health insurance premiums and deductibles based on The Commonwealth Fund’s latest report on employee health care costs, Trends in Employer Health Coverage, 2008-2018: Higher Costs for Workers and Their Families.

Insurance 109
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In the U.S., Patients Consider Costs and Insurance Essential to Their Overall Health Experience

Health Populi

For mainstream Americans, “the math doesn’t add up” for paying medical bills out of median household budgets, based on the calculations in the 2019 VisitPay Report. With high health spending and lower life expectancy dollar for dollar, financial and health in-security will surely be voters’ priorities in 2020.

Insurance 113
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How to evaluate your medical billing partner 

Health Prime

Consequently, many practices are contemplating hiring a new billing partner, either for the first time or to replace an existing provider. Partnering with the right medical billing company is crucial for the financial health of your practice. Here are six key factors to consider when evaluating a medical billing partner: 1.

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Billing & Coding Career Trends to Know for 2020

NHA Now

At NHA, we always strive to provide information to support frontline healthcare workers like billing & coding specialists on their path to success, which is why we recently surveyed hundreds of healthcare employers to discover insights to help lead us into 2020 and beyond. Salaries in this profession range from $26-66K.

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The Social Determinants of Prescription Drugs – A View From CoverMyMeds

Health Populi

The reality even before the coronavirus crisis emerged in early 2020 was that U.S. These include self-rationing prescription drug fills or refills due to cost, putting off a doctor’s visit, relying more on credit cards than cash, and postponing paying bills, among many other choices between paying for meds or daily living expenses.

Insurance 147
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Tools for Paying Medical Bills Don’t Help Health Consumers Manage Their Financial Health

Health Populi

The big gap in supply to patients vs. demand by health consumers is highlighted by what the arrow in the chart below points to: managing payments and paying bills. Patient-facing digital tools help patients with fairly basic tasks like making appointments, seeking doctors, and paying bills.

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