Simplee Q1 2012 Medical Spending Statistics Show Continued Consumer Burden

Simplee Finds Out of Pocket Expenses for Families Continue to Rise to $962 in Q1


PALO ALTO, CA--(Marketwire - Apr 10, 2012) - Simplee, the best way to save money on medical bills, today released its 2012 First Quarter Health Care in America Out of Pocket Spending Statistics. Simplee found that the average family of four spent $962 in out of pocket medical costs in Q1 2012, an increase of 3.3% over the first quarter of 2011.

"In analyzing the millions of dollars flowing through Simplee and our bill pay platform, it's evident that consumers are forced to shoulder a larger portion of medical expenses as out of pocket costs continue to rise," said Tomer Shoval, co-founder and CEO of Simplee. "Consumers can't avoid health care any longer, they need to take ownership of it and manage it the same way they do their wallet."

The Simplee quarterly statistics track patient spending from the more than $200 million in health care expenditure and hundreds of thousands of doctor visits within the Simplee database. Key findings are recorded in the tables below. All numbers reflect costs for an average family of four.

Key Findings:

Spend Category Q1 2012 Q1 2011
Medical $670 $636
Pharma $143 $117
Vision $28 $20
Dental $121 $158
Total OOP $962 $931

For more information on Simplee and how to take control of your health care expenses please visit http://www.simplee.com. For more information on the Simplee Health Care Spending in America statistics, please contact Simplee directly.

About Simplee

Simplee is a privately held company that empowers consumers to take control of their health care expenses. The free, web-based service helps users better understand and manage their health care expenses, and identify ways to save money and find better care at lower costs through an easy-to-use, simple dashboard with a set of powerful customization tools. The company is located in Palo Alto, California, and maintains a development center in Israel. For more information visit: http://www.simplee.com.

Contact Information:

Press Contact:
Michael Azzano
Cosmo PR
415/596-1978