In: Finance
3 economic trends of the healthcare payment
3 Economics tends of healthcare payment are as follows-
A.online payments is the current trend of payment of healthcare systems because majority of the patients are willing to pay the health care systems through online payments and it will help in maintaining a time saving as well as loss of physical interactions.
B. The healthcare system has moved from volume to value and now they are trying to incorporate value overall facilities so that customers could be fulfilled with their requirements rather than generation of volume
Patients are becoming more value to money kind of participants and they always want to maximize the value derived out of facilities provided by health care.
C. Higher deductibles are also making these patients more of cost sensitive nature and they are trying to maximize the overall advantage associated with medical bill payments and paying the medical bills themselves in order to decrease the taxable income.