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INSURANCE AGENCY NETWORK Blog

How Millennials Handle Their Healthcare

11/26/2019

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​Millennials are what we call for those people born between 1981-1996, who is set to take the world. With the great recession hitting the country, millennials are considered to be challenging consumers when it comes to health care. With how they make decisions for themselves and their families, here’s how they are shaping and handling the healthcare industry. 
Seeking Medical Information from Various Sources
With how millennials survive the 9—11, student loans, and financial crisis, they do have some tendency to have trust issues. They do not stick to what their physician tells them. Instead, they do their online research on health care, and compare the quality ratings of hospitals and the providers and also what treatment options they can offer. 

Digital Access to Health Care Services
With how millennials are tech-driven, having their tablets and smartphones, which gives them better access to the internet. Because of this, millennials are mostly doing all of their transactions like payments, services, and recommendations online. With the use of the patient portal, it gives millennials ease of access to the information and services that they need. 

Most millennials preferred telemedicine, mobile apps for booking their appointments, managing preventive care, and reviewing their health records. 

Cost Transparency
Compared to previous generations, millennials are more conscious when it comes to the costs of their health care. They usually research how much it will cost and will ask their doctor upfront regarding the treatment price. Most likely because of the unemployment rate for the millennials, that they tend to skip or delay treatment because of the fees. 

Holistic Health
For millennials, health is not only the absence of disease but also being physically, emotionally, psychology fit. The reason why more are into exercise and nutrition. According to the study, millennials have a high probability of participating in wellness programs like stress management and quitting smoking. 

Conclusion
Adulting is hard; however, with the many aspects that millennials are considering like loans, benefits, and health care management, sometimes they tend to take matters in their own hands. Getting insurance can also help in case something may happen. Not only does it give you peace of mind, but also prepares you to face difficult situations. 

At Insurance Agency Network, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (425) 681-0996. Get your free quote today by CLICKING HERE.
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