MOUNTAIN VIEW, Calif.,
April 10, 2020 /PRNewswire/
-- Not enough savings and afraid of the cost of contracting
COVID-19. A healthinsurance.com survey finds 52% don't have
enough money saved to cover COVID-19 medical costs. Unveiling the
financial status of many Americans', 46% would think twice
about seeking medical care right now because of cost. Price
transparency is also a major concern: 90% think coronavirus
medical care prices should be available like prices on a restaurant
menu.
But it's not just medical bills Americans are worried about.
23% of respondents said they won't be able to pay bills like
utilities or mortgage payments this month - a bleak response that
aligns with the 24% that reported losing their job due to
the coronavirus pandemic.
When asked about health insurance coverage, 9% of
respondents reported losing their health insurance during this
pandemic. While more are bracing for the potential impact of
unemployment, 56% said they don't know what their health
insurance options are should they lose their coverage.
Healthinsurance.com also asked respondents about medical care
while social distancing:
- 47% say they intend on using telemedicine during
this health crisis.
- Nearly one-third said they received
correspondence from their doctor or health insurance company
about telemedicine services.
- Still, 85% were not aware you can just purchase a
telemedicine plan.
One thing mostly everyone can agree on: Our frontline healthcare
professionals are heroes. In fact, 87% of respondents
thought healthcare workers on the frontlines deserve a "bonus" from
the federal
government.
View the full survey results
here: https://www.healthinsurance.com/learning-center/article/coronavirus-economic-impact
METHODOLOGY:
The above results were gathered through
an online poll of more than 1,000 Americans between the ages of
18-64. The poll was conducted from April 3,
2020 to April 7, 2020,
gleaning representative samples from each state based on
population.
ABOUT HEALTHINSURANCE.COM:
Healthinsurance.com
combines the nation's leading health insurance carriers and
advanced technology to offer a suite of private insurance solutions
and Medicare plan options. In just a few clicks, our website
provides consumers the ability to access powerful online comparison
tools and educational resources that enable efficient self-guided
navigation of available health insurance and Medicare options. For
more information, visit www.healthinsurance.com.
FORWARD-LOOKING STATEMENTS:
Healthinsurance.com LLC is
part of the Benefytt Technologies family companies (NASDAQ: BFYT).
This press release contains "forward-looking statements" within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995. Forward-looking statements are statements other than
historical fact, and may include statements relating to goals,
plans and projections regarding new markets, products, services,
growth strategies, anticipated trends in our business and
anticipated changes and developments in the United States health insurance system and
laws. Forward-looking statements are based on our current
assumptions, expectations and beliefs are generally identifiable by
use of words "may," "might," "will," "should," "expects," "plans,"
"anticipates," "believes," "estimates," "predicts," "potential" or
"continue," or similar expressions and involve significant risks
and uncertainties that could cause actual results, developments and
business decisions to differ materially from those contemplated by
these statements. These risks and uncertainties include, among
other things, our ability to maintain relationships and develop new
relationships with health insurance carriers and distributors, our
ability to retain our members, the demand for our products, the
amount of commissions paid to us or changes in health insurance
plan pricing practices, our ability to integrate our acquisitions,
competition, changes and developments in the United States health insurance system and
laws, and our ability to adapt to them, the ability to maintain and
enhance our name recognition, difficulties arising from
acquisitions or other strategic transactions, and our ability to
build the necessary infrastructure and processes to maintain
effective controls over financial reporting. These and other risk
factors that could cause actual results to differ materially from
those expressed or implied in our forward-looking statements are
discussed in HIIQ's most recent Annual Report on Form 10-K filed
with the Securities and Exchange Commission (SEC) as well as other
documents that may be filed by HIIQ from time to time with the
Securities and Exchange Commission, which are available at
www.sec.gov. Any forward-looking statement made by us in this press
release is based only on information currently available to us and
speaks only as of the date on which it is made. You should not rely
on any forward-looking statement as representing our views in the
future. We undertake no obligation to publicly update any
forward-looking statement, whether written or oral, that may be
made from time to time, whether as a result of new information,
future developments or otherwise.
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SOURCE healthinsurance.com