The U.S.'s senior and baby boomer populations are not currently receptive to in-home health monitoring, according to a Parks Associates study, which reports that two-thirds from both populations see little to no value in these services.
Of the one-fifth who find the service valuable, 60 percent would still not spend extra money, either out-of-pocket or in higher healthcare premiums, for in-home health monitoring. Only 20 percent would accept a moderate increase in health insurance premiums, and another 16-20 percent would be willing to pay out-of-pocket for it.
According to Parks Associates, in-home health monitoring is a service that allows patients to use network-connected measurement devices, such as glucose meters, weight scales, and peak flow meters, to collect vital signs at home and send electronic data to clinicians for ongoing chronic condition monitoring.
Of the one-fifth who find the service valuable, 60 percent would still not spend extra money, either out-of-pocket or in higher healthcare premiums, for in-home health monitoring. Only 20 percent would accept a moderate increase in health insurance premiums, and another 16-20 percent would be willing to pay out-of-pocket for it.
According to Parks Associates, in-home health monitoring is a service that allows patients to use network-connected measurement devices, such as glucose meters, weight scales, and peak flow meters, to collect vital signs at home and send electronic data to clinicians for ongoing chronic condition monitoring.