By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Consumer Price Sensitivity: From Cuts to Value Seeking
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Policy & Law > Health Reform > Consumer Price Sensitivity: From Cuts to Value Seeking
Health Reform

Consumer Price Sensitivity: From Cuts to Value Seeking

DavidEWilliams
DavidEWilliams
Share
3 Min Read
SHARE

Consumer Reports notes that patients are avoiding filling prescriptions and seeing the doctor due to financial pressures. From Bloomberg (More Americans Skipping Medical Care to Save):

Consumer Reports notes that patients are avoiding filling prescriptions and seeing the doctor due to financial pressures. From Bloomberg (More Americans Skipping Medical Care to Save):

Almost half of the 1,226 consumers taking at least one medication said they didn’t fill prescriptions, took less medicine than a prescribed dose or failed to undergo a medical test advised by their physician, according to the survey. That’s 9 percentage points higher than the 39 percent reported in 2010 by the annual survey.

Even with the U.S. recession ending more than two years ago, one in six American households and one in four with incomes less than $50,000 told Yonkers, New York-based Consumer Reports that they felt stress over how much they must spend on medical care. The pressure is prompting consumers to pursue potentially dangerous strategies for coping, said John Santa, director of Consumer Reports’ Health Ratings Center.

More Read

Churning in ObamaCare
NYMIIS: Medical Imaging and Meaningful Use – It Is No Longer an Option
AskBlue Tries to Explain Health Insurance and Obamacare
All Payor Claims Databases: ERISA Pre-emption and the Tragedy of the Commons
Pros And Cons Of Supplements In Your Daily Diet

“The rising percentage of people putting off health care makes us wonder if we are really done with the recession,” Santa, a physician, said in a telephone interview. “This is one of the most sensitive barometers of how people are coping with the financial pressures.”

In the past efforts to control health care costs have faltered partly due to consumers’ perceptions that more care is better. That’s changing now, thanks to higher consumer exposure to medical costs –even among those who are insured– and more exposure to information about some of the perils of overtreatment.

It’s unfortunate that so many are straining to afford care, and I hope the recession lifts and all boats rise. Still, I’m hopeful that when/if health care gets easier for consumers to afford they will become more discerning about the kinds of care they seek out. I hope tools that provide transparency –not just of price but of efficacy– will become more widely available. It’s good to see Consumer Reports getting into the fray, as they are a trusted, credible source.

 


TAGGED:financial pressuresmedical economics
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5KFollowersLike
4.5KFollowersFollow
2.8KFollowersPin
136KSubscribersSubscribe

Latest News

The Clinical and Interpersonal Skills That Define Excellence in Patient-Centered Care
Health
June 2, 2026
The Advanced Nursing Credentials That Open Doors to Leadership Roles
The Advanced Nursing Credentials That Open Doors to Leadership Roles
Nursing
June 2, 2026
The Advanced Practice Nursing Roles Worth Knowing About Before You Specialize
The Advanced Practice Nursing Roles Worth Knowing About Before You Specialize
Nursing
June 2, 2026
Language Access in Healthcare: What Hospitals Still Get Wrong in 2026
Hospital Administration Technology
May 29, 2026

You Might also Like

Helping Patients Pay Their Hospital Bills [VIDEO INTERVIEW]

October 6, 2013
Health ReformPolicy & LawPublic Health

Healthcare Patient Payment Liability Just Ain’t What it Used to Be

February 3, 2016
Health careHealth ReformPolicy & LawPublic Health

The Data Shows an Opioid Crisis in America

January 22, 2018

GOP’s Best Bet on Health Care: Stick With the Slogans

April 25, 2011
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?