U.S. Out-of-pocket healthcare expenditure report gives a comprehensive outlook on private healthcare services in U.S. The report on U.S Out-of-pocket healthcare expenditure gives historical, current, and future market sizes (US$ Mn) on the basis of service type, expenditure type, and end users. This report studies U.S Out-of-pocket healthcare expenditure dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, U.S Out-of-pocket healthcare expenditure report includes regulatory scenario and competition analysis with vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed U.S Out-of-pocket healthcare expenditure to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Service Opportunities). Key stakeholders of the U.S Out-of-pocket healthcare expenditure report include policymakers, and healthcare service providers engaged in healthcare services offering.A sample of this report is available upon request @
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U.S Out-of-pocket Healthcare Expenditure:
U.S Out-of-pocket healthcare expenditure estimated to be valued US$ Mn in 2017 and poised to grow at CAGR of % over 2017-2023. The market for U.S private healthcare projected to reach US$ Mn by 2023 owing to the expansion of health insurance coverage.
The increasing out-of-pocket healthcare expenditure has created the ample growth opportunities for healthcare service providers in the country. For instance, in 2015, Out-of-pocket spending grew 2.6% to $338.1 Bn, slightly faster than the growth of 1.4% in 2014. Consumers with better healthcare plans and higher premiums continue to receive quality healthcare services and people with less comprehensive plans do not receive the same. Consumers often pay healthcare expenses through cash or check, credit cards, flexible spending accounts, health savings accounts, healthcare financing programs, loans and lines of credit. Moreover, cash or check, credit cards are common means of paying healthcare expenditure in U.S.
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Healthcare consumers in U.S are spending their major chunk of out-of-pocket healthcare expenditure on pharmaceutical as co-pays and dental services as physician fees and elective surgeries. For instance in 2015, according to U.S. Centers for Medicare & Medicaid Services, Out-of-pocket spending for dental services (which accounted for 40 percent of dental spending) increased 1.8 percent in 2015 after increasing 0.8 percent in 2014. The spending on prescription medicines is mainly attributed to increase in spending on new medicines & generics, growth in prices of existing brands.
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