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
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    migraine home remedies and-devices
    The Best Home Remedies for Migraines
    June 5, 2025
    learn to recognize and treat yeast infections
    Most Commonly Asked Questions About Yeast Infections
    November 17, 2021
    Advanced lung cancer diagnosis systems used by doctors
    Advanced Lung Cancer Diagnosis Systems Used by Doctors
    March 6, 2022
    Latest News
    5 Steps to a Promising Career as a Healthcare Administrator
    July 31, 2025
    Why Custom Telemedicine Apps Outperform Off‑the‑Shelf Solutions
    July 20, 2025
    How Probate Planning Shapes the Future of Your Estate and Family Care
    July 17, 2025
    Beyond Nutrition: Everyday Foods That Support Whole-Body Health
    June 15, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Image
    Boomer Voice
    June 12, 2013
    The Anatomy of Health Insurance [Infographic]
    April 19, 2012
    Patient Commando Features Canadian Women Changing Healthcare
    August 23, 2013
    Latest News
    How IT and Marketing Teams Can Collaborate to Protect Patient Trust
    July 17, 2025
    How Health Choices and Legal Actions Intersect After an Injury
    July 17, 2025
    How communities and healthcare providers can address slip and fall injuries with legal awareness
    July 17, 2025
    Let Your Lawyer Handle the Work Before You Pay Medical Costs
    July 6, 2025
  • 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

Why drug price regulation should not be ruled out
White House’s Obamacare Support Tweet Attracts Haters
CMS Proposes Further Expansion of Rewards for Medicare: Retailer Reward Programs
2016 Excellence in Behavioral Health Program Design
ACO Program Rejected by Model Health Plans

“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

5 Steps to a Promising Career as a Healthcare Administrator
5 Steps to a Promising Career as a Healthcare Administrator
Health
July 31, 2025
holistic dental
Holistic Dentist Services Are Natural and Safe
Dental health Specialties
July 28, 2025
botox certification
Help Improve People’s Skin Health Via Botox Certification
Skin Specialties
July 22, 2025
Telemedicine Apps
Why Custom Telemedicine Apps Outperform Off‑the‑Shelf Solutions
Health
July 20, 2025

You Might also Like

ED throughput measures Ebola prevention
Health ReformHospital AdministrationPublic Health

Ebola Response: 5 ED Throughput Measures Your ED Needs

October 6, 2014

EHRs And The Law: When Interoperability Isn’t a Choice

April 17, 2013
oscar health insurance
BusinessHealth ReformPublic Health

Say Hi to Oscar: The New Company that May Change Health Insurance

September 10, 2013

Doctors Say No to Accountable Care Organizations

May 13, 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?