In May of 2023, The Federal Reserve released its survey data titled The Economic Well-Being of U.S. Household in 2022. One of the most shocking pieces of information within the 80+ pages document was that “28% of adults went without some form of medical care in 2022 because they could not afford it”. This is the highest percentage since 2013 when 31% of Americans skipped care.
Given this survey and past trends, when purse strings tighten medical care is something many Americans simply let go of. Dental care was the most skipped with 21% saying they put off dentist visits in 2022. In fact, even amongst those who were insured last year 26% said they missed care because they simply couldn’t afford it with the uninsured coming in at a whopping 42%.
It’s no secret that health insurance can be costly, but many people are unaware of the multitude of affordable options out there as well as ways to see precisely how much treatment could cost you. This is precisely what Hi-Neo was created for. To help people get the affordable care they deserve.
On our blog, we have a multitude of articles centered around price transparency and health insurance options for those who may be struggling financially or are just looking for how to pick a more compatible plan. There are also links to incredible resources and organizations that dive into the nitty gritty of health insurance costs in our blog post “The Importance of Health Insurance”. No one should have to forgo caring for themselves because of high costs.