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U.S. Healthcare Discount Plan Market Trends

  • Report ID: GMI10950
  • Published Date: Aug 2024
  • Report Format: PDF

U.S. Healthcare Discount Plan Market Trends

The shift towards consumer-driven healthcare in the U.S. is significantly impacting the healthcare discount plan market. This trend is characterized by consumers taking a more active role in their healthcare decisions, seeking transparency, convenience, and personalized experiences.
 

  • Consumers are prioritizing their overall health and wellness more than ever. A significant portion of the population, nearly 50%, is placing a higher priority on wellness compared to pre-pandemic times. This heightened awareness is pushing consumers to seek healthcare options that align with their wellness goals.
     
  • Additionally, there is a growing expectation for transparent pricing and clear communication regarding healthcare services. Consumers want to understand the costs associated with their care upfront, which discount plans can provide by offering clear and reduced pricing for various services.
     
  • Moreover, the integration of technology in healthcare, particularly through telehealth services, has transformed how consumers access care. Approximately 60% of patients now book appointments online. This convenience aligns well with the offerings of healthcare discount plans that often emphasize easy access to services.
     
  • Furthermore, consumers are increasingly seeking healthcare experiences tailored to their individual needs. Two in five adults now use apps or wearable devices to monitor their health, facilitating a more personalized and connected healthcare experience. Discount plans that incorporate these technologies are more likely to attract consumers. These factors contribute to the shift toward consumer-driven healthcare and drive the growth of the healthcare discount plan market in the U.S.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

U.S. healthcare discount plan industry size was valued at USD 1.9 billion in 2023 and is anticipated to register 9.9% CAGR between 2024 to 2032, owing to continuous increase in healthcare expenses and the shift toward consumer-centric healthcare.

U.S. healthcare discount plan industry from the dental care segment accounted for USD 423.2 million in 2023 due to high out-of-pocket costs and frequent use for preventive services.

East South Central healthcare U.S. discount plan industry size reached USD 471.4 million in 2023 due to higher proportion of uninsured and underinsured individuals and increasing awareness of healthcare discount plans.

Access One Consumer Health, Inc.Alliance Healthcard of Florida, Inc., American Dental Care Partners, Inc., Ameriplan, Blue Cross and BlueShield Association, and Careington International Corporation, among others.

U.S. Healthcare Discount Plan Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 43
  • Countries covered: 1
  • Pages: 90
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