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    Medical Debt: "The Debt of Necessity" - A Current U.S. Picture from the CFPB - HealthPopuli.com - 11 month(s) ago

    On April 11, 2023, three of the largest U.S. consumer credit rating companies — Equifax, Experian and TransUnion — planned to remove medical bill collections that were under $500 from consumers’ credit reports. The Consumer Financial Protection Bureau (CFPB) calculated that these medical bill “erasures” under $500 impacted nearly 23 million consumers and eliminated medical collections totally for…

    Source: HealthPopuli.com
    Categories: Healthcare Professionals, Latest Headlines
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      healthythinker

      Our #medicalbills now "debt of necessity" @CFPB reports some good news->3 biggest #creditrating agencies have "erased" consumers' #medicaldebt under $500, improving credit ratings for some But mms of #healthconsumers still ration #healthcare due to cost https://t.co/K0Jegd17b6 https://t.co/hikeeCKAjL

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    The Patient as Consumer and Payer - A Focus on Financial Stress and Wellbeing - HealthPopuli.com - 2 year(s) ago

    Year 3 into the COVID-19 pandemic, health citizens are dealing with coronavirus variants in convergence with other challenges in daily life: price inflation, civil and social stress, anxiety and depression, global security concerns, and the safety of their families. Add on top of these significant stressors the need to deal with medical bills, which is another source of stress for millions of…

    Source: HealthPopuli.com
    Categories: Healthcare Professionals, Latest Headlines
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      healthythinker

      W> high-deductible #healthplans & OOP medical expenses patients are #healthcare payers https://t.co/jS3gCPxYx1 -->#financialstress & #mentalhealth worries abt #medicallcosts & #inflation #Medicalbills now big part of #patientexperience #ptexp @CarePayment #UXhealth #uxdesign https://t.co/jRyX95Qzp0

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    Map: No Surprises Act Enforcement - 2 year(s) ago

    An interactive map from the Commonwealth Fund illustrates the roles of federal and state government in implementing and enforcing the new No Surprises Act, which protects consumers from unexpected medical bills.

    Source: www.commonwealthfund.org
    Categories: Latest Headlines, Payer
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      commonwealthfnd

      In many states, enforcement of the No Surprises Act, which protects consumers from unexpected #medicalbills, will rely on close collaboration between federal and state government. https://t.co/03x97QlPuY

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    3 in 4 Insured Americans Worried About Medical Bills - Especially Women - HealthPopuli.com - 2 year(s) ago

    In the U.S., being covered by health insurance is one of the social determinants of health. Without a health plan, an uninsured person in America is far more likely to file for bankruptcy due to medical costs, and lack access to needed health care (and especially primary care). But even with health insurance coverage, most health-insured people are concerned about medical costs in America, found…

    Source: HealthPopuli.com
    Categories: Healthcare Professionals, Latest Headlines
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      healthythinker

      3 in 4 Americans worry about #medicalbills - both those w #healthinsurance & #uninsured New @MITREcorp + @HarrisPoll survey on #healthplans & #healthconsumers Women esp stressed about shopping for #health plans https://t.co/hBXGZoUL35 #Surprisebills still surprise insureds https://t.co/OgfgxNhYh0

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    Doctors' Offices Morph into Bill Collectors As Patients Face Growing Out-Of-Pocket Costs - HealthPopuli.com - 3 year(s) ago

    In the U.S., patients have assumed the role of health care payors with growing co-payments, coinsurance amounts, and deductibles pushing peoples’ out-of-pocket costs up. This has raised the importance of price transparency, which is based on the hypothesis that if patients had access to personally-relevant price/cost information from doctors and hospitals for medical services, and pharmacies and…

    Source: HealthPopuli.com
    Categories: Healthcare Professionals, Latest Headlines
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      healthythinker

      Doctors' offices morph into bill collectors as patients' out-of-pocket payments grow @JAMA_current on #HDHPs & patients-as-payors New #digitalhealth cos for #RCM & #medicalbills can't solve larger challenge of #financialtoxicity & #hccosts https://t.co/SevaT1ChJA #healthcosts https://t.co/oWl4lyLaY4

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