2016 medical industry's top ten trends in medical consumption and insurance
High deductible health insurance plans are everywhere. Patient out-of-pocket expenses continue to grow, and uncompensated inpatient care services are also increasing. 40 In the face of such medical settlement and payment systems, patients are often very frustrated. In 2016, consumers will be able to start managing their own medical spending methods, using new medical plans similar to the 401k retirement plan, which will affect the entire industry. Consumers, especially young consumers, have expressed strong interest in this. According to the 2015 HRI survey, more than half of young people aged 18 to 34 say they use services that help plan medical expenses; more and more financial advisors are responding to consumer demands, such as the five wealth Management companies have incorporated healthcare into long-term financial planning to help consumers make better funding decisions. Medicare payments and settlements will be incorporated into broader consumer experiences, similar to rewards for spending in other industries, such as free miles, discounts or points offered by airlines for frequent flyers. In 2015, John Hancock Insurance partnered with Vitality to launch the John Hancock Vitalit program. Consumers can get life insurance premium discounts and cumulative reward points from health behaviors. In the same year, Alegeus Technology announced an agreement with Walgreens that consumers can earn Walgreens Balance Reward points from participating in medical financial activities such as registering for a medical savings account and saving money, or using their own cards to purchase certain items. Walgreens hopes to understand how to better interact with consumers by incorporating various consumer activities into a single reward program and creating a broad ecosystem. Employers are also providing tools and incentives for smart medical shopping. The California Public Employees Retirement System (CalPERS) saves millions of dollars by providing reference prices for a variety of optional medical procedures such as colonoscopy and hip replacement; it also provides full coverage for cost-effective suppliers Medicare and partial coverage for those more expensive suppliers. CalPERS provides employees with fully transparent pricing to help consumers plan their own medical expenses. Companies like Castlight Health are committed to helping employers select more cost-effective doctors and hospitals and help employees make the right decisions to earn points. Other companies are committed to establishing a transparent medical transaction market, such as SpendWell Health, which enables consumers to access regular medical services at a more competitive price. Consumers can better manage their health care spending by providing consumers with a total amount of out-of-pocket payments, supplier reviews, and online payment portals before booking a clinic. Medical service providers are often struggling to deal with service endpoints and cost management. In this context, a class of consumer-centric tools and services have emerged. Some of them offer user-friendly credit programs that finance from the needs of patients. North Carolina-based Novant Health combines online cost estimates with interest-free loans and flexible repayment terms to significantly reduce patient default rates. More and more financing options for optional medical procedures (such as beauty or laser eye surgery) are also being extended to basic medical services. Impact: Involved in ecosystems. Traditional companies and new competitors should think about solving problems other than payment. They should broaden their thinking and combine innovative finance with other services to provide convenience and value for consumers. These services may be related to health care, but may also be related to entertainment, financial services, retail and hospitality. Segment patient groups. The complexity of patients receiving health care varies. Drawing on the experience of retailers and healthcare companies helps define consumer segments more clearly, understanding the ideas of each customer segment and meeting their actual needs. Training. Consumers do not regularly receive health care services, which has the greatest potential to train patients, asking consumers how to manage their personal health and the financial investment in this area. Companies that educate consumers about their responsibilities and the risks they face early on will emerge in the industry. Nutrition Maltodextrin Powder,Maltodextrin Supplements,Maltodextrin Gluten Free Shandong Bailong Chuangyuan Bio-tech Co.,Ltd. Qingdao Branch , https://www.qdblcycn.com