April 15th is traditionally the due date for filing taxes for the previous year’s earnings and many Americans depend on their anticipated tax refund to cover unexpected debts…and more and more, these debts are related to healthcare costs
April 15th is traditionally the due date for filing taxes for the previous year’s earnings and many Americans depend on their anticipated tax refund to cover unexpected debts…and more and more, these debts are related to healthcare costs. This anticipated refund may also affect the timing of how individuals seek care for health issues.
$4.00 $3.50 $3.00 $2.50 $2.00 $1.50 $1.00 $0.50 $0.00, , 100„ „„sz,
Out-of-pocket healthcare spending per weekday per person
Pre-refund daily average
+60%
Consumers immediately increased their out-of-pocket healthcare spending by 60% in the first week and 20% over 75 days after the tax refund arrived.
+20%
,b41 Q’ <os’ ki) et9 106 Days since first tax refund payment Source: 1PMorgan Chase Institute
This week, discuss how this delayed approach to health care needs affects the various members of a family…children, teens, adults and elderly members. How might these delays affect continuity of care and establishing a usual source of care with a health provider?
Discuss the many ways that the COVID-19 pandemic has deepened inequities related to access to care…not only addressing acute health concerns, but also preventative health efforts. Which groups are more deeply impacted? What are some of the short-term and long-term effects of these disruptions?
Each week you are to post at least one original post and at least 2 responses to classmates’ posts. First posts should be in by 5PM EST on Fridays and all posts are due by 5PM on Sundays). Make sure to include several sentences in your posts to support your position (don’t just post “I agree. ‘9
YOU HAVE TO CREATE A POST FIRST BEFORE YOU’LL BE ABLE TO SEE EVERYONE ELSE’S POSTS. Make sure your posts are substantial and are well supported. Include several sentences in each post.
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