February 5, 2016

6 Million Don’t Enroll into Medicaid, Shopping for Healthcare Services and more in CarePayment’s News You Can Use

By CarePayment

Shopping for the Best Value in Healthcare ServicesSHOPPING FOR HEALTHCARE

Consumer Affairs shares how consumers are not savvy when it comes to healthcare comparison shopping. This is especially true for those adults who have high deductible health plans. Majority of Americans do not necessarily believe expensive healthcare services lead to high quality care. Though, only ten percent of adults shop for healthcare services. Reasons for not shopping include lack of price and quality information from healthcare organizations.

6 Million Americans Qualify for Medicaid but Don’t Sign Up

Those who are qualified for Medicaid are choosing not to sign up, according to Fierce Health Payer. Six million eligible Medicaid adults have decided to not enroll into the government-funded program. Government officials are not sure why, but a recent suggestion points to the belief these Americans have that things will get better for them. Due to this belief, many are not taking action. Overall, 71 million people have enrolled into Medicaid.

Cancer Patients Driven into Bankruptcy Far More likely to Die

Fierce Health Finance reports findings from a new study stating cancer survivors who filed for bankruptcy were 80 percent more likely to die than those who did not file. Factors could include the stress of their financial situation as well as skipping necessary treatments because of costs. Cancer patients can see medical debt of $100,000 or more.