Nearly Nine in 10 Consider Cost of Care a Serious Problem

Posted on: May 9, 2012

May 9, 2012 — Many Americans who have experienced a serious illness or injury within the past 12 months are concerned about the financial costs of medical care, and struggle to ensure that their care is appropriate, according to a new poll by the Robert Wood Johnson Foundation, NPR and Harvard School of Public Health. In addition, the poll found a large majority of the general public (87%) thinks the cost of care is a serious problem for the country and two-thirds of the general public (65%) believes the cost of care has gotten worse over the last five years.

The poll also examined sick Americans’ experiences and perceptions of the costs and quality of medical care over the last year. More than 40 percent say that the cost of their medical care has caused a “very serious” (20%) or “somewhat serious” (23%) problem for their or their family’s finances. They also reported that high health care costs affected their ability to access care, with one in six sick Americans saying that there was a time in the past 12 months when they could not get the medical care they needed. The financial barriers to accessing care were more pronounced for sick people who were uninsured at some point in the last year.

There is, however, a solution.  CSI Financial Services’ ClearBalance is a patient-friendly program designed to help with unexpected medical bills by providing an affordable repayment option. ClearBalance gives patients the opportunity to receive a long-term payment option featuring low monthly payments with no interest or late fees.

For more information, please call ClearBalance at 858-200-9208