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Financial Stress and Mental Health: Considering the New $24,000 Health Plan Cost from KFF

Health Populi

There is growing evidence on the connection between people’s financial health and their mental health, explored and explained in Understanding the Mental-Financial Health Connection , a study published by the Financial Health Network. consumers said paying a health care bill was stressful.

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In 2024 U.S. Consumers Will Mash Financial Resolutions With Those For Physical Health and Mental Health, Fidelity Finds

Health Populi

consumers feel in worse financial shape now than in 2022, with inflation a top concern, discovered in the 2024 New Year’s Financial Resolutions Study from Fidelity Investments. Furthermore, over one-half of people are also considering a mental health resolution. One-third of U.S. Entering 2024, not only are most U.S.

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The Patient as Consumer and Payer – A Focus on Financial Stress and Wellbeing

Health Populi

Add on top of these significant stressors the need to deal with medical bills, which is another source of stress for millions of patients in America. These self-care tasks extended in our health care across all dimensions of “health” including mental health, nutrition and gut wellness, sleep, and certainly financial health.

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Consumers Are Feeling Their Healthcare Cost of Living – Research from Qualtrics

Health Populi

adults chose to defer health care in 2022, split by. 25% delayed mental health care. .” adults chose not to fill a prescription drug due to the cost in the 12 months prior to the study (conducted August-September 2022). Qualtrics conducted the survey in August-September 2022 among 1,000 U.S.

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Bonus Features – October 30, 2022 – 46% of Americans have gone into debt paying medical bills, 41% say retail and virtual care experiences are disjointed, and more

Healthcare IT Today

A survey from digital health platform Babylon found that 46% of Americans have gone into debt from their medical bills , while 34% are currently struggling to pay their medical and insurance bills. News and Studies. Partnerships.

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Changing Views of Retirement and Health Post-COVID: Transamerica’s Look At Workers’ Disrupted Futures

Health Populi

The study was fielded between October and December 2021, thus before the onset of significant inflation on household budgets in 2022. As mental health converges so intimately with physical health and financial health, this part of the study is so important (and appreciated!).

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The Latest KFF Poll on Consumer Experiences with Health Insurance Speaks Volumes About Patients’ Administrative Burden

Health Populi

In addition to the points I explore here on patient administrative burden, please check out the KFF survey for more insights into peoples’ access to mental health benefits and other experiences with health plans. For more details on this important study, you can check out my post here in Health Populi from November 2022.