The COVID-19 pandemic has been one of the biggest public health crises in recent times. The whole world was forced into self-isolation as a means to slow down the spread of the virus. Coupled with that is the uncertainty of the future of healthcare accessibility. Sure, this has now meant that we can spend more time with our families. For some, the transition to working from home wasn’t a big one. Unfortunately, not everyone was able to make that change so smoothly. In the wake of the pandemic, industrial change and unemployment has happened all too often.
This pandemic has also made us reconsider the future of healthcare. If anything, we all now prioritize our health and well-being over materialistic things. The world will never be the same, but what does that mean for life after the pandemic? The future of healthcare, retail, and restaurants is getting a make-over because of COVID-19. These industries have had to rethink their business models and strategies in order to thrive after 2020.
Will you ever be able to enjoy a juicy steak at your favorite restaurant again? Or walk around in new shoes at your neighborhood shoe shop until you find the right fit? These are the types of questions we all find ourselves having to answer now. Here are the three major ways that our lives will never be the same again and what this means for the future of healthcare.
3 Ways the World Will Be Different After 2020
Although there are some companies able to take their operations online, not every business model works in an online manner. Until technology gets us to that point, there will still be a lot of things that we still have to do in person. These are the changes that will affect the future of healthcare, restaurants, and retail.
The Future of Retail
Social distancing regulations have limited our ability to go outside and do the things we used to. The retail industry is no exception to this. Online shopping has experienced a sudden boom. The industry has seen a growth in sales reaching $73.2 billion in June, an increase of 76.2% compared to last year.
Supporting local businesses is always key to any economy. Tech giants such as Amazon are ranking in the big bucks right now because it is the safest way for us to get what we need. We do not know how long this pandemic will last. This begs the question: What will happen to small retailers?
Some have opted to take their sales to online platforms. If you continue to buy from these stores, then you can help to keep their “doors” open. Unfortunately, not all businesses have been able to make the change to virtual. This has led to more unemployment and closed doors. There are now a lot of people wondering what the future of healthcare looks like for them without a steady income.
The Future of Restaurants
Every year, Americans spend over half of their food budget on the restaurant industry. Because of the pandemic, this industry has experienced a drastic drop in sales. This is because every part of it requires some kind of personal interaction. All the ingredients needed to make those delicious meals that you get to enjoy travels through extensive supply chains to reach your dinner plate. These supply chains are also taking a knock because they have all this fresh produce and no one to sell it to. Some farmers have resorted to composting excess inventory because of the reduced demand from restaurants.
Restaurant owners are having to resort to reducing their staff. They are now left to wonder about the future of healthcare for themselves without a consistent income. Big brands such as Taco Bell, KFC, and Pizza Hut have experienced massive blows. There have been temporary closures of roughly 8000 stores around the globe.
The restaurant industry has had to adapt to continue operations and to keep their staff employed if possible. More restaurants are closing dining room areas. Instead, they’re offering their meals and drinks through carryout, drive-thru, and delivery. By doing this, restaurants have been able to continue to buy some products from their suppliers and restart the supply chains. This also means that the future of healthcare is now more secure for restaurant owners and employees, at least the ones being paid again.
Another trend that has emerged is commercial kitchen co-working spaces or cloud kitchens. With this structure, different types of restaurants occupy the same workspaces to cut rental costs. In the post-pandemic, some of these alternatives are starting to become more popular than traditional retail storefront restaurants.
What does this mean for small restaurants? They could be run out of the market by these commercial kitchen co-working spaces, further placing the future of their staff at risk.
The Future of Healthcare
More and more employers are starting to put some thought into what the future of healthcare looks like for them and their employees. The price of traditional health insurance is skyrocketing. As such, employers and their employees are always looking for better and cheaper alternatives. The future of healthcare accessibility is being questioned more regularly every day. Considering how tight all our budgets are in the midst of the pandemic, a little bit of financial relief is always welcome.
How to Save on Healthcare Costs
One of the ways people are starting to save money is by paying for their healthcare with cash. As ironic as it may sound, by paying cash, you can cut out the expenses that come with traditional insurance coverage. Many healthcare professionals prefer cash because of the administrative overhead and hassle associated with collecting from an insurance company. It’s ironic, but cash payments are changing the future of healthcare.
More people are starting to look for alternative ways to pay cash instead of dealing with the red tape of traditional health insurance. Cash payments are the best way to make the future of healthcare transparent and accessible to all.
An Innovative Alternative: Medical Cost Sharing
One of the solutions aimed at changing the future of healthcare and how we pay for it is medical cost-sharing. With medical cost-sharing, you can join a community that is there to pay your medical bills in your time of need. Over one million Americans have opted for medical cost-sharing over traditional health insurance. It is quickly becoming the preferred way to pay for high-quality health care. With savings of between 30% -60% over insurance, it’s no wonder that this is quickly becoming the preferred option for the future of individual and group healthcare.
How Scoop Health is the Future of Healthcare
More and more Americans are looking for new ways to deal with the ever-increasing cost of healthcare. It is becoming apparent that the cheapest way to pay for your medical bills is by using cash. But it would be great to know that you are part of a community that will assist you in your time of medical need.
Medical cost-sharing from Scoop Health is the solution that you have been looking for. With Scoop Health, you pay an initial unshareable amount (IUA) as low as $500 per incident. Thereafter, the medical cost sharing community will pay for all costs in full.
With medical cost-sharing, you get to join a community of like-minded individuals who are opting for innovative solutions to deal with the future of healthcare. We encourage our medical cost sharing community to engage in healthy lifestyle choices. In turn, this reduces the cost and improves the accessibility of the future of healthcare for you.
Medical cost-sharing is the new way to pay for the unexpected costs of healthcare. With the price of healthcare rising, the future of healthcare accessibility hangs in the balance. With medical cost-sharing, you can have access to the best healthcare without emptying your bank accounts. And the great thing about opting for medical cost sharing is that you and your healthcare provider have less red tape to deal with.
So, what are you waiting for? Find out how you and your employees can be part of our community and join us today.