MarketLooks: Out-of-Pocket Healthcare Spending and Payment Options

 
   Single User - $399


Loading...
Published Nov 1, 2007 | 28 Pages | Pub ID: ML2272246

MarketLooks, from MarketResearch.com, are concise 15-30 page summaries of popular full-length market research reports published by Packaged Facts. This MarketLooks report has been compiled from the following full-length study:

Title: Out-of-Pocket Healthcare Spending and Payment Options
Published: November 2007


Each MarketLooks report includes top-level findings from the respective parent report in a rich, easy to read format accompanied by select charts and graphs. Reports published prior to July 2001 are delivered in PowerPoint™. Reports published after July 2001 are delivered in Adobe PDF™ format. All are available via Instant Online Delivery to allow you to use the valuable information you've purchased immediately.

MarketLooks covering Packaged Facts studies are the perfect answer for:
  • The busy executive, researcher or product manager who needs top line statistics today in an easy to read, easy to digest format
  • The busy information professional who regularly juggles a multitude of basic requests for high-level market information from information patrons.
  • The consultant or analyst who needs to ramp up on a new market or demographic area quickly

The following is the abstract from the full report:
Out of pocket health care expenditures represent a rapidly growing burden for consumers, both in terms of their increasing size and the lack of financing options to available to address them. While finance companies have rushed to provide credit for discretionary medical expenses, few funding sources are available to consumers needing money to pay for medically necessary procedures. These consumers often must rely on regular credit cards, then turn to other sources such as home equity, retirement savings and friends and family when they reach their credit limit. To a limited extent, health savings accounts and flexible spending accounts have helped consumers save money to meet their medical expenses, but the need for additional solutions far outweighs these programs’ capacity. Retail clinics, which offer basic medical services at affordable prices in a retail setting, have also helped somewhat, but cannot address expenses related to high cost medical treatments.

This report analyzes out-of-pocket health care spending by U.S. consumers and the resulting U.S. market for health care financing services. It specifically covers spending on elective and non-elective procedures in the following market segments:

  • Cash/check
  • Credit card
  • Loans and lines of credit
  • Medical financing programs
  • Health savings accounts (HSAs)
  • Flexible spending accounts (FSAs)

Data sources tapped for this report include the following:

  • Kaiser Commission on Medicaid and the Uninsured
  • Kaiser Family Foundation
  • Centers for Medicare and Medicaid Services (CMS)
  • U.S. Department of Labor, Labor Statistics
  • Demos and The Access Project, “Borrowing to Stay Healthy,” January 2007
  • Center on Budget and Policy Priorities, Medicaid Expenditure Panel surveys
  • Center for Studying Health System Change
  • Hewitt Associates
  • Corporate reports and other corporate publications
  • Miscellaneous trade journals, publications, websites