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Global Economic Uncertainty Makes Affordable Healthcare a Challenge for Consumers Worldwide, According to Deloitte Survey

Rising healthcare costs, coupled with global economic instability, has prompted consumers across the globe to delay care, alter household spending and worry about future healthcare costs, says the 4th annual Deloitte Center for Health Solutions' 2011 Survey of Health Care Consumers.

More than 15,000 healthcare consumers in 12 countries including Belgium, Brazil, Canada, China, France, Germany, Luxembourg, Mexico, Portugal, Switzerland, the United Kingdom and the United States responded to the survey, taken during April and May.

In the United States, 75 percent of consumers admitted that the recent economic slowdown has impacted their healthcare spending. To save money, 36 percent of prescription medication users said they asked their doctor to prescribe generic drugs instead of brand name drugs. Additionally, 25 percent of U.S. consumers skipped seeing a doctor when sick or injured.

More than half of all respondents from the 12 countries surveyed, with the exception of the United Kingdom and Canada, also confirmed that household spending on healthcare limited their ability to spend on other household essentials. Nearly 50 percent of respondents said they spent more on healthcare in the past year with the exception of the United Kingdom, Canada and China.

Overall, respondents said they were confused about their healthcare system; felt their healthcare systems performed weaker than others, and that there was too much wasteful spending.

Respondents also expressed interest in technology solutions to manage health, and said they were open to such alternative approaches to traditional healthcare as visiting retail clinics or traveling outside their local community for healthcare.

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Source: Deloitte, June 21, 2011


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IMPORTANT NOTICE: This information is designed to provide accurate and authoritative information on the business of healthcare. It is distributed with the understanding that Healthcare Intelligence Network is not engaged in rendering legal advice. If legal advice is required, the services of a competent professional should be retained.



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