Healthcare Consumerism, The Biggest Challenge Facing The Healthcare Industry in 2018

By March 21, 2018 No Comments

What is Healthcare Consumerism?

Healthcare consumerism is the protection or promotion of the interests of consumers as it relates to healthcare. It transforms the decision process by putting the purchasing power in the hands of the consumer. The challenge is that most health plans ask very little of the participant in terms of how they consume their healthcare services. Unlike with retail products, patients are more interested in receiving care from a healthcare system that appears effective and seems to have their interests in mind, rather than managing their own health information or shopping for various plans. As a result, patients pay little attention to what they pay for care in relation to what they receive.

Consumers are looking to take control of managing their own health but in many cases lack the understanding and tools to do so.  While consumers are used to shopping in other industries, healthcare is still inundated with confusing language, costs, services and processes. According to NRC Health, 75% of consumers considered healthcare to be the most important and expensive decision they would make. However, many consumers find dealing with healthcare system so overwhelming that many patients avoid treatment to save themselves from expenses, hassle and confusion.

According to the CDC, nearly¬†117 million people had one or more chronic health conditions – that’s one in four adults. Yet still, most people would consider themselves in better shape than they actually are, decreasing their odds of seeking help to improve their health.

In actuality, millions of dollars goes towards healthcare awareness every year. However it is a long, slow, friction-paved path to get consumers to accept their health challenges, buy-in to a system, create an actionable plan and stick to it for the long term. In regards to marketing, the healthcare industry has struggled to move away from the objective data related to clinical processes and treatment education. Cognitive research shows us that people are more likely to make decisions based off of perception or an emotional response. To change consumer behavior the healthcare industry must inspire change rather than just educate objectively.

The Role of Marketing in Healthcare Consumerism

Marketing has become a platform for leveraging the changes in healthcare consumerism and creating inertia for meaningful change.

Providers can leverage healthcare consumerism by following a few steps:

  1. Pay closer attention to consumer behavior and insights.
  2. Aim at the deep-rooted gut and emotional triggers that drive action and engagement. For example, freedom to travel, becoming a better parent or partner, accomplishing goals.
  3. Educate consumers on the process of selecting healthcare services based on their needs.
  4. Improve the communication and cooperation between patients and their healthcare providers.
  5. Use inspirational marketing and messaging to build consumer loyalty.
  6. Push for more preventative measures such as healthy lifestyles and diet.

The digital landscape has changed drastically, creating an uproar of digital disruptors in the healthcare industry. To learn how your organization can leverage healthcare consumerism through digital marketing contact one of our marketing experts.