Medicaid enrollment could decrease by 18% from March 2023-May 2024
Statistic Info
This statistic indicates that there will be a significant decrease in the number of people who are covered by Medicaid health insurance. The potential drop in coverage could have serious implications for those who rely on this type of health care and may lead to an increase in medical costs, inadequate access to care, and poorer health outcomes for some individuals.
Author: Healthcare Dive
More Related Stats
Physician Providers
In 2023 there was a 13% revenue growth in Q2 due to rising enrollment
the average cost of a healthcare data breach is $10.1 million
The average cost of medication non-adherence in the U.S. ranges from $5,271-$52,341 per person
60% of insured adults reported experiencing a problem with their coverage in the past 12 months
More 2023 Stats
74% of Hospitals Use Some Revenue Cycle Automation
Nearly half of physicians are equally excited and concerned about the use of AI in their field
ChatGPT Gives Wrong or Incomplete Answers Regarding Medication About 75% of the Time
Fewer Than 1 in 3 Consumers Pay Medical Bills Immediately
Medicare Advantage Denials Jump 56%, Commercial Denials 20%, from Jan. 2022 to July 2023
Adults in the U.S. are most likely to have medical bill problems, regardless of income
More than 1 in 6 Americans now 65 or older
27% of Adults Face At Least One Healthcare Affordability Challenge
In 2023 there was a 13% revenue growth in Q2 due to rising enrollment
