TELEHEALTH COSTS SAVINGS
Private insurers who cover the medical expenses of nearly 70 percent of U.S. adults aged 18-64 are attracted by costs that analysts say are at most a third of traditional face-to-face care.
Cowen and Co analyst Charles Rhyee estimates the average cost of a telehealth call is between $40-$50 compared to around $150 for an urgent care visit, and nearly $1,500 for a trip to the emergency room.
Rhyee also estimates that roughly $135 billion of Medicare’s annual $675 billion in spending could be done by telehealth.
https://www.reuters.com/article/us-telehealth-medicare/u-s-telehealth-industry-eyes-medicare-for-its-next-big-check-idUSKBN1FJ1IS
