Mgma Small Talk

Claude Royster is our guest on the MGMA Business Solutions podcast. Claude is vice president and general manager of Wellness at CareCredit, and he returns to the podcast to share findings from the Synchrony Lifetime of Healthcare Costs study. According to information from the report, "An insured American with an employer-sponsored health insurance plan can expect to spend more than $320,000 (including insurance premiums and out-of-pocket costs) during his/her adult lifetime. ... This number may be more than double — topping $700,000 — for Americans who purchase their own insurance (without employer or government subsidies) or for those who suffer from chronic illnesses such as diabetes, heart disease or cancer." Sources in this Episode: Lifetime of Healthcare Costs Study: https://www.carecredit.com/well-u/financial-health/lifetime-of-care-healthcare-costs/ CareCredit: https://www.carecredit.com/ Sponsor: CareCredit: From inflation to the rising cost of healthcare, in today’s economic environment many pa