General Wellness: Reducing Costs and Improving Outcomes

Healthcare costs continue to be a growing concern for families, businesses, and individuals alike. In the face of rising monthly contributions and increasing expenses, many are looking for ways to take control of their health and reduce their financial burden. One of the most effective approaches to achieving this is by embracing general wellness. This shift in healthcare philosophy is not only improving individual health outcomes but also driving down overall healthcare costs, making medical cost sharing programs like Knew Health a compelling option for those seeking affordable, proactive healthcare.

In this blog, we'll explore how the growing emphasis on general wellness healthcare is shaping the future of healthcare and how Knew Health, with its innovative medical cost sharing model, is positioning itself at the forefront of this transformation.

general wellness refers to measures taken to prevent diseases or conditions before they occur. Unlike traditional healthcare, which often focuses on treating illnesses after they've developed, preventive care aims to keep people healthy and detect potential health issues early. Some common examples of preventive care include:

• Routine check-ups and screenings (e.g., mammograms, blood pressure checks)
• Vaccinations to prevent disease outbreaks
• Health education to encourage healthy lifestyles
• Chronic disease management through early intervention

The focus on prevention has proven to be highly effective in reducing healthcare costs in the long term. According to studies, general wellness can save both individuals and health systems significant amounts of money by identifying health issues early, reducing the need for costly treatments and emergency care.

By addressing health risks before they become major problems, general wellness not only helps reduce treatment costs but also improves overall quality of life.

The increasing adoption of general wellness is particularly beneficial for medical cost sharing programs like Knew Health. Unlike traditional health insurance, medical cost sharing programs are designed to help individuals manage medical costs through shared Community support. This shared responsibility model aligns perfectly with the focus on prevention, as both individuals and the group as a whole benefit when Members stay healthy.

1. Lower Overall Medical Costs Medical cost sharing programs, like Knew Health, provide a platform for Members to share medical expenses, which can significantly reduce healthcare costs compared to traditional healthcare. By incorporating general wellness practices , Members are less likely to require expensive, emergency medical treatments, which ultimately lowers the cost burden for the entire Community.
2. Proactive Health Monitoring Many medical cost sharing programs now incorporate digital tools like mobile apps and wearables that help Members track their health, monitor key health metrics (such as blood pressure, cholesterol levels, or fitness goals), and set reminders for regular check-ups. This proactive approach to health monitoring enables early detection of potential issues and empowers individuals to take control of their well-being before medical problems become costly.
3. Education and Support Medical cost sharing programs often provide Members with resources, support, and education to help them maintain healthy lifestyles. This can include advice on nutrition, stress management, exercise, and other factors that contribute to overall well-being. The more health-conscious individuals are, the less likely they are to incur large medical expenses, which benefits both them and the entire Community.
4. Improved Health Outcomes By focusing on prevention, Community Members tend to experience better health outcomes overall. Preventive care helps manage chronic conditions like diabetes, hypertension, and asthma, reducing the likelihood of costly complications later on. This ultimately creates a healthier Community, lowers the number of Medical Needs, and helps keep monthly contributions affordable for the Community.

The importance of general wellness is well-documented. Numerous studies have shown that investing in prevention can significantly reduce healthcare spending by avoiding costly medical treatments and hospitalizations. For example:

• A study by the Centers for Disease Control and Prevention (CDC) found that every dollar spent on immunization saves $3 in direct healthcare costs and $10 in societal costs.
• Chronic disease management programs have been shown to lower hospital readmissions and reduce healthcare spending by up to 50%.

For Community Members who adopt a general wellness mindset, these savings are realized not only in the form of lower monthly contributions but also in reduced medical expenses. Fewer emergency room visits, less need for hospitalization, and fewer complex surgeries mean that individuals can enjoy a higher quality of life without financial strain.

Knew Health is designed to help individuals and families access affordable healthcare with a focus on prevention, Community, and shared responsibility. As a medical cost sharing program - which is NOT health insurance - Knew Health encourages its Members to take an active role in their healthcare journey, prioritizing wellness measures that can reduce medical costs and improve long-term health outcomes.

Knew Health also integrates technology into its model, offering Members access to digital tools that track health metrics, provide educational resources, and facilitate virtual doctor consultations. These tools help Members stay proactive about their health, reducing the need for expensive treatments and ensuring that Community Members receive the best care possible.

By combining general wellness with a Community-driven approach, Knew Health is making affordable healthcare accessible to everyone while improving the health outcomes of its Members.

If you're looking for a way to save on healthcare while staying healthy, Knew Health's medical cost sharing program offers an ideal solution. By focusing on general wellness, Knew Health helps its Members stay ahead of medical issues, reduce costs, and enjoy a higher quality of life.

Ready to take control of your healthcare and reduce costs? Contact Knew Health today to learn more about how our medical cost sharing program can support your journey toward better health and affordable healthcare.