Embedded channels will make up a large chunk of life insurance transactions within the next five years. Insurers that form the right partnerships today can reach coveted younger demographics and grow their customer bases.

Big retailers are accumulating assets from across the healthcare ecosystem. This includes adding pharmacy and health insurance capabilities, as well as provider services such as home health, telehealth, primary, specialty, and urgent care.

They might look for cash pay services that aren't available necessarily in their insurance network. Well, yes, that might cost more than going through your insurance.

Some 38% of adults ages 19 to 64 across different insurance types deferred care or treatment in the past year because they couldn’t pay for it, according to the July 2023 Commonwealth Fund Health Care Affordability Survey. These actions, due to financial struggles, have serious effects on patients.

Healthcare and pharma: Includes pharmaceutical products, facilities, services, researchers, drug manufacturers and marketers, doctors, hospitals, and biological products, as well as establishments providing healthcare services and social assistance for individuals; also includes health insurance.

They’re in charge of their own health insurance—and are very cost-conscious. The youngest millennials are now responsible for their own health insurance, per the Affordable Care Act. Older millennials have engaged with the health insurance industry for some time.

This includes adding pharmacy and health insurance capabilities, as well as provider services such as home health, telehealth, primary, specialty, and urgent care. Retailers want to establish a presence in the $4.3 trillion US healthcare market.

Many jobs in the US are tied to health insurance, which in turn is tying many workers to their jobs.

The number of Medicare Advantage plans offering social health-focused benefits increased three-fold over the past year, but their members aren’t using them—we explore how tech from SDOH startups like Papa can boost uptake.

Healthcare and pharma: Includes pharmaceutical products, facilities, services, researchers, drug manufacturers and marketers, doctors, hospitals, and biological products, as well as establishments providing healthcare services and social assistance for individuals; also includes health insurance.

Healthcare includes health and dental insurance, healthcare providers and facility services, social assistance providers, wellness companies, health and monitoring devices, and imaging equipment.

Healthcare and pharma: Includes pharmaceutical products, facilities, services, researchers, drug manufacturers and marketers, doctors, hospitals, and biological products, as well as establishments providing healthcare services and social assistance for individuals; also includes health insurance.

More Rx delivery companies are sidestepping insurance with low-cost meds: Sesame Care colaunched an online pharmacy that offers transparently priced and affordable ($5) prescriptions—but it’s not the only Rx delivery player doing this, and it’ll become even more commonplace as the federal gov’t turns up the pressure on pricing transparency rules.

Among Gen Xers who don’t get regular check-ups or health screenings, their top reasons for this include conflicts with work, feeling healthy, not actively thinking about it, insurance issues, and fear of receiving bad results, per Aflac’s survey findings.

They’ll soon need to transition from being on their parents’ health insurance to their own plans. And individuals ages 16 to 34 will account for about a third of the US workforce by 2030, according to the US Department of Labor Bureau of Labor Statistics. This means increased spending power and being more responsible for choosing doctors, comparing prices for services, and booking appointments.

Standalone health systems without an insurance company arm that want to decrease healthcare spending—or that do not have considerable business tied to an alternative payment model—may not be driven to fund SDOH initiatives.