It is often said that our health is our wealth. We take all possible measures to protect this wealth of ours, but we don’t know when a calamity might strike us, and we would end up in a hospital. The Importance of Health Insurance Medical expenses can be much more expensive than we expect. The […]
By Michael Evans and Kevin Fleming In a striking shift of healthcare costs, patient payments now account for 35% of provider revenue, the third largest source of provider income behind only Medicare and Medicaid. By comparison, in 2000 patients paid just 5% of healthcare provider revenue. This trend is expected to continue, with patients bearing
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