UnitedHealth Group Is One Of The Largest Players In The Healthcare Reimbursement Market, According To The Business Research Company’s Healthcare Reimbursement Global Market Report 2020-30: COVID 19 Growth And Change
(Companies Covered: UnitedHealth Group, Aviva, Allianz, CVS Health, BNP Paribas, Aetna, Nippon Life Insurance, WellCare Health Plans, AgileHealthInsurance, Blue Cross Blue Shield Association.)
The global healthcare reimbursement market is expected to grow from $9.48 billion in 2019 to $15.20 billion in 2020 at a compound annual growth rate of 60.33%. The exponential growth is mainly due to the COVID-19 outbreak that has led to deferred care to avoid visiting hospitals. The market is then expected to adjust and reach $17.29 billion in 2023 from 2021 at a rate of 4.4%.
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The healthcare reimbursement market consists of sales of healthcare reimbursement services by entities (organizations, sole traders and partnerships) that provide healthcare reimbursement services, which include the payment that hospitals, diagnostic facilities, doctors, or other health care providers receive for providing medical service to people. The healthcare reimbursement for a person`s health care expenses is mostly covered partially or fully by the government or a health insurer. Only goods and services traded between entities or sold to end consumers are included.
Global Healthcare Reimbursement Market Segmentation –
1) By Claims: Underpaid, Full Paid
2) By Payers: Private Payers, Public Payers
3) By Service Provider: Physician office, Hospitals, Diagnostic Laboratories, Others.
Global Healthcare Reimbursement Market Driver –
The increasing cost of healthcare and supportive government programs are the key factors that are driving the healthcare reimbursement market growth. According to the Journal of the American Medical Association (JAMA), US healthcare costs are expected to reach $6 trillion, which is $17,000 per person by 2027. In 2019, the US healthcare policy announced plans to expand healthcare insurance coverage and make changes to accountable care organizations.
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Few Points From The Global Healthcare Reimbursement Market TOC
1. Executive Summary
2. Healthcare Reimbursement Market Characteristics
3. Healthcare Reimbursement Market Size And Growth
3.1. Global Healthcare Reimbursement Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Healthcare Reimbursement Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Healthcare Reimbursement Market Segmentation
4.1. Global Healthcare Reimbursement Market, Segmentation By Claims, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.2. Global Healthcare Reimbursement Market, Segmentation By Payers, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.3. Global Healthcare Reimbursement Market, Segmentation By Service Provider, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Healthcare Reimbursement Market Regional And Country Analysis
5.1. Global Healthcare Reimbursement Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Healthcare Reimbursement Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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