Majority of Consumers See Positive Economic Impact of Health Reform – Deloitte Poll

Lucas Gilmore, “Big 4″ observer
November 15, 2010 /

Deloitte Center for Health Solutions’ survey shows 41 percent of consumers are upbeat the health care reform bill will have its positive impact on the US economy, while 25 percent say otherwise and 38 percent do not know anything at all about the components of the bill.

Paul Keckley, Ph.D., executive director of the Deloitte Center for Health Solutions, recounted Deloitte’s monitoring of consumer attitude towards the US health care system since 2008. “Consumers remain mixed in their assessment of the system’s performance, concerned about costs, and supportive of changes that improve its value,” Keckley said.

Of all the survey respondents, 67 percent believe the increase in the costs of health care services is fueled by fraud.

Applying age brackets to show the differing views of consumers, about 80 percent of ages 18 to 24 remain hopeful the health care reform bill will impact the economy positively, while only 30 percent of ages 55 to 64 and 34 percent of age 65 and older have the same view.

Keckley reinforced the difference in the views of respondents based on age brackets. He said the younger generation has a more positive outlook on the economic impact of health care reform than the old ones.

The survey also reveals that 36 percent of consumers have enough financial sustenance to manage future increase in the health care cost against the 17 percent who admit they are not financially prepared.

Adults of ages 18 to 24, which consist the 5 percent who believe they are financially unprepared, are covered by their parents’ health benefits under the health care reform bill until they reach the age of 26.

“When it comes to what consumers pay for health insurance, 37 percent believe that more than 20 percent of their premium dollars is a reasonable amount to cover insurance plan overhead costs, reflecting their understanding of administrative costs associated with their operation,”  Keckley pointed out.

 

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