People have been using telemedicine for years, but the pandemic has caused interest in this area to skyrocket. Telemedicine is expected to grow from $49.9 billion in 2019 to $277.9 billion by 2025. Virtual healthcare services were already growing before COVID-19. When one couldn't go to the doctor's office because of other commitments, one could call the doctor's office and have a phone consultation and a plan of action for a lot of situations in one's health care. Then the visual applications came along and made the appointments more personal and engaging. If one couldn't get a virtual appointment with their regular provider, a number of startups could fill the gap, sometimes at a better price point too.
Two examples of these companies are For Hims and For Hers. They provide virtual medical visits with general practitioners and dermatologists, as well as mental health care. They also offer psychiatric consults, consults for prescription hair-loss medicine, prescription acne cream and more. These are all presented via an ecommerce-style website.
Of course, for Americans, the biggest question is always “Will my insurance cover it?” In the the case of telehealth, the answer is “yes”: 42 states (and Washington, DC) legally require private insurers to cover telehealth services. This is an important development: according to Accenture, 62% of consumers would prefer a virtual healthcare option in at least some instances.
Why? Millenials are computer savvy, and spend more time working than the generations before them. Millennials prioritize self care and don't mind spending money on it since they work more hours than the generations before them. They are seeking a work-life balance and telehealth saves time and time is money to them. Actually, 9 out of 10 Americans practice some kind of self-care.
Americans are investing more time and money into self-care than ever before. The pandemic has left a lot of folks still working remotely and so why not see their health care providers remotely too? Many folks have not returned to the gym after the global stay at home orders, prefering to get their fitness remotely. Is telehealth here to stay? Yes.
What do you like or don't like about telehealth? I wanna know!
Blessings,
KJ Landis
SuperiorSelf on youTube
Two examples of these companies are For Hims and For Hers. They provide virtual medical visits with general practitioners and dermatologists, as well as mental health care. They also offer psychiatric consults, consults for prescription hair-loss medicine, prescription acne cream and more. These are all presented via an ecommerce-style website.
Of course, for Americans, the biggest question is always “Will my insurance cover it?” In the the case of telehealth, the answer is “yes”: 42 states (and Washington, DC) legally require private insurers to cover telehealth services. This is an important development: according to Accenture, 62% of consumers would prefer a virtual healthcare option in at least some instances.
Why? Millenials are computer savvy, and spend more time working than the generations before them. Millennials prioritize self care and don't mind spending money on it since they work more hours than the generations before them. They are seeking a work-life balance and telehealth saves time and time is money to them. Actually, 9 out of 10 Americans practice some kind of self-care.
Americans are investing more time and money into self-care than ever before. The pandemic has left a lot of folks still working remotely and so why not see their health care providers remotely too? Many folks have not returned to the gym after the global stay at home orders, prefering to get their fitness remotely. Is telehealth here to stay? Yes.
What do you like or don't like about telehealth? I wanna know!
Blessings,
KJ Landis
SuperiorSelf on youTube
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