Empathy

Investors, consumers are pushing the health care industry to tackle health inequity: Deloitte

Jun 29, 2022   |   Yahoo! Finance
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Health inequity is costing the U.S. health system billions of dollars annually, and could reach $1 trillion by 2040, according to a new report from Deloitte.

But, according to the report’s authors, there is one bright spot on the horizon. Boards of health companies are increasingly focused on addressing inequity.

Health equity became a popular phrase during the pandemic and following the murder of George Floyd as calls grew to address systemic inequities in the U.S.

For years, studies have underlined the need to address health inequities, and numerous pilot programs have been tested to provide more efficient health care, but no scalable solutions have ever been realized.

Deloitte estimates that health inequities account for $320 billion in annual health care spending today, or cost about $1,000 per American annually. Its analysis projected…

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Authors

Anjalee Khemlani

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