Closing the gap in healthcare payment technology

Although the pandemic has forced the acceleration of tech adoption in the healthcare space overall, the health benefits industry, specifically, still has a way to go. The good news? Consumers are ready to embrace technology, and employers and benefit administrators have a golden opportunity to help with the transformation by making the right solutions available and encouraging engagement.

Text-only version:

Closing the gap in healthcare payment tech

Healthcare tech as arrived, but offerings and adoption lag in areas consumers care most about.

The COVID-19 pandemic has increased AI and tech use in healthcare

  • 76% are neutral about or trust AI-driven digital tools to help with healthcare spending and saving
  • 84% agree or somewhat agree that the healthcare industry has adopted technology to meet their needs and add convenience
  • 23% said the fact that digital health tools provide faster, on-demand access to care and guidance is the most appealing benefit

Yet consumers continue to struggle with the healthcare payment process

  • 71% of people say cost/expense is the most frustrating element of healthcare and benefits
  • 39% say the biggest gap in healthcare technology is around paying for care

Gaps remain in tech availability and engagement

  • Only 28% say their employers offer digital health and benefit tools, and only 22% use them for healthcare benefits enrollment and management/investment
  • 15% say lack of availability from their provider has stopped them from using technology
  • As a result, more than half of respondents still track healthcare coverage, care and spending via paperwork

Promoting healthcare tech can save both consumers and employers big money

By using an AI-driven spending and saving tool as part of a comprehensive plan design:

  • Consumers can save $262 annually on prescription costs alone1
  • Employers can save $600-$1,200 annually per employee1

1 Statistics collected from the Alegeus platform.
Survey data collected from 1,000 respondents in October 2020.

Sign up for our newsletter

How are you enabling better consumer decisions?

Let's talk

Related content

See all insights

Nurturing Whole Health for a Balanced Life

Enhancing Benefits Communications with Artificial Intelligence

Creative Benefit Offerings in the Face of Rising Costs

Alegeus 2024 Health Benefits Trend Predictions

End on a High Note: Tips for Post-Open Enrollment Success

Gift giving guide using your FSA

Prioritizing Employee Wellness During the Holidays: A Guide for Employers

Far & Wide: Open Enrollment for a Remote Workforce

The Growing Wave of HSA Adoption: A Look at Current Trends

IRS Releases 2024 FSA Contribution Limits

Best-In-Class Open Enrollment Strategies

HSAs: Past, Present & Future