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U.S. Healthcare Discount Plan Market Size Predicted To Reach USD 3.3 Billion By 2027: Grand View Research Inc.

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U.S. Healthcare Discount Plan Market Size Predicted To Reach USD 3.3 Billion By 2027: Grand View Research Inc.

September 10
12:26 2020
U.S. Healthcare Discount Plan Market Size Predicted To Reach USD 3.3 Billion By 2027: Grand View Research Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The rising presence of DMPOs that offer affordable plans for various services, including dental care, vision care, chiropractic care, virtual visits, health advocacy, prescription drugs, and alternative medicines, in the U.S. is one of the key factors anticipated to boost its familiarity among the U.S. patient population.

U.S. Healthcare Discount Plan Market Growth & Trends

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.

U.S. healthcare discount plan market size, by service, 2016 - 2027 (USD Million)

Request a sample copy of the U.S. Healthcare Discount Plan Market Research Report @ https://www.grandviewresearch.com/industry-analysis/us-healthcare-discount-plan-market/request/rs1

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.

U.S. healthcare discount plan market share, by service, 2019 (%)

Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/450632/ibb

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

Browse Related Report:

U.S. Digital Therapeutics Market : https://www.grandviewresearch.com/industry-analysis/us-digital-therapeutics-market

Smart Healthcare Market : https://www.grandviewresearch.com/industry-analysis/smart-healthcare-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/us-healthcare-discount-plan-market


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