The U.S. healthcare discount plan market size is expected to reach USD 3.3 billion by 2027 and is expected to expand at a CAGR of 9.6% from 2020 to 2027, according to a new report by Grand View Research, Inc. Rising healthcare costs, increase in the prevalence of lifestyle-related diseases, and high out-of-pocket expenditures are driving the adoption of healthcare discount plans to promote affordable treatment and curb healthcare costs in U.S.
Increasing
number of investments, new package launches, public-private partnerships, joint
ventures, and mergers & acquisitions among key payers and providers to
deliver affordable healthcare solution are expected to boost market growth.
Moreover, increase in demand for improving treatment quality and outcomes and
providing coordinated patient care is further fueling market growth. For
instance, in June 2019, United Healthcare launched United Healthcare Hearing, a
new service that offers affordable and quality hearing solutions. The company
also donated 20,000 reusable silicone plugs to fire departments and police
nationwide as part of a public awareness campaign.
Increasing
demand for low-cost vision care, dental care, chiropractic care, hearing
aids, and prescription drugs plan for individuals as well as families that are
not covered under insurance is anticipated to drive the demand for healthcare
discount plans, thereby positively impacting the market growth in the near
future. Moreover, rising burden of chronic diseases and other conditions and
the need for affordable and hassle-free treatment are further boosting the
demand for healthcare discount plans.
For more info visit here: https://www.grandviewresearch.com/industry-analysis/us-healthcare-discount-plan-market
U.S. Healthcare
Discount Plan Market Report Highlights
- By service,
the others segment held the largest revenue share of almost 20.0% in 2019
owing to availability of advanced discount plans and additional benefits
offered on diabetic supplies, X-Rays, medical supplies, PET, MRI, and
CT scans, endoscopies and mammography, laboratory tests and services
- The dental
care segment accounted for the second largest revenue share as of 2019
- Prescription
drugs and wellness plans are other key potential services that accounted
for a substantial market share in 2019 owing to high demand from end
users.
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U.S. Healthcare
Discount Plan Market Segmentation
Grand View Research has
segmented the U.S. healthcare discount plan market on the basis of service:
U.S. Healthcare
Discount Plan Service Outlook (Revenue, USD Million, 2016 - 2027)
- Health Advocate
- Virtual Visits
- Alternative Medicines
- Prescription Drugs
- Dental Care
- Vision Care
- Hearing Aids
- Chiropractic Care
- Nurse Services
- Vitamins & Supplements
- Wellness Plans
- Podiatry Plans
- Others
List of Key
Players of the U.S. Healthcare Discount Plan Market
DMPOs
- New Benefits, Ltd.
- Access One Consumer Health, Inc.
- CAREINGTON International Corporation
- Ameriplan
- Coverdell
- Alliance Healthcard of Florida, Inc.
Marketer
- United Health Group
- American Dental Care Partners, Inc.
- Blue Cross and Blue Shield Association
- DentalPlans.com, Inc.
- Sam’s West, Inc.
- Humana, Inc.
- Cigna
- Freshbenies
- Discounts by Design
- Xpress Healthcare
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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