As Medical Cost Trend Remains Flat, Patients Face Growing Health Consumer Financial Stress
JUNE 13, 2018
Simply put: the impact of growing financial risk for healthcare costs will be felt by patients/consumers themselves. Here is the first “good news” line chart, showing declining medical trend from 2007 to next year in 2019. That’s one-half the high point at nearly 12% in 2007. Employers are also enlisting the services of third-party health advocate services to help patients, now consumers, navigate the complex and expensive health system.