Parasail Health Insights

Unlike in the past, healthcare costs are shifting to become the responsibility of patients. For insurance policies to remain affordable, deductibles and out of pocket costs have dramatically increased. (80% of employer-sponsored healthcare plans have high deductibles). The result is over 50% of high-deductible policy holders don’t have the liquid assets to cover their deductibles so they defer or avoid the care they need the most.

This trend hits providers as well: 22% of provider’s revenue now comes directly from patients, rather than insurance companies. And because most patients can’t pay, providers face serious revenue implications with far-reaching consequences, including rising costs, fewer providers and less access to quality health care.