Sorry for interrupting, this website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Learn more
Accept & Close

Hispanics and Healthcare - US - August 2015

"Living a healthy life is top of mind for Hispanics; however, they feel that they are healthy, which reduces their motivation to proactively make significant changes in the way they live. While they see value in health insurance, financial constraints also limit the access that less-affluent Hispanics have to health insurance. Moreover, while having insurance gives Hispanics peace of mind, it is not a driver for them to consult with healthcare professionals unless it is really necessary."

- Juan Ruiz, Senior Multicultural Analyst

This report covers the following areas:

  • Hispanics consider themselves healthy
  • Less-affluent Hispanics more likely to be uninsured
  • Insurance is a complex product that needs to be explained

What you get

What's included

Why buy from us?

Succeed

Our reports will provide you with market data, consumer research and competitive intelligence to succeed in your market.

Instant Access

Buy now and you'll have instant access to the information you need to make the right decisions.

Opportunities

Find out what's next in the markets that matter to you: where opportunities lie and what challenges you will face.

Trusted

A business Superbrand, Mintel is a source you can trust. We have been defining and refining the Market Intelligence mix since 1972.

Table of contents

  1. Overview

    • What you need to know
      • Definition
      • Executive Summary

        • Hispanics’ expenditures on healthcare projected to grow moderately
          • Figure 1: Total Hispanic expenditures and fan chart forecast on healthcare, at current prices, 2010-20
        • The issues
          • Hispanics consider themselves healthy
            • Figure 2: Hispanics’ perception of overall health, by age, June 2015
          • Less-affluent Hispanics more likely to be uninsured
            • Figure 3: Health insurance coverage among Hispanics, by household income, June 2015
          • Insurance is a complex product that needs to be explained
            • Figure 4: Insured Hispanics’ understanding of health insurance, by household income, June 2015
          • The opportunities
            • The Millennial generation is getting older
              • Figure 5: Hispanic share of US population, by generation, 2015
            • Hispanics more likely to need to buy insurance on their own
              • The importance of coverage
                • The importance of preventive care
                  • What it means
                  • The Market – What You Need to Know

                    • Hispanics spend $39.1 billion on healthcare in 2015
                      • Aging Hispanic Millennials set to impact future spending
                        • Walk-in clinics convenient for Hispanics
                        • Market Size and Forecast

                          • Hispanics’ expenditures on healthcare projected to grow moderately
                            • Figure 6: Total Hispanic expenditures and fan chart forecast of healthcare, at current prices, 2010-20
                            • Figure 7: Total Hispanic expenditures and forecast of health care, at current prices, 2010-20
                        • Market Breakdown

                          • Health insurance premiums account for more than half of expenditures on healthcare
                            • Figure 8: Share of Hispanic healthcare expenditures, by segment, 2015
                          • Hispanics’ expenditures on health insurance with a positive outlook
                            • Figure 9: Total Hispanic expenditures and fan chart forecast of health insurance, at current prices, 2010-20
                          • Hispanics’ expenditures on out-of-pocket healthcare to remain flat
                            • Figure 10: Total Hispanic expenditures and fan chart forecast of out-of-pocket health care, at current prices, 2010-20
                        • Market Perspective

                          • The ACA continues to impact this market
                            • The proliferation of walk-in clinics
                            • Market Factors

                              • Hispanics’ purchasing power projected to reach $1.7 trillion by 2019
                                • Figure 11: Purchasing power, by race/Hispanic origin, 1990-2019
                              • Improving labor market for Hispanics may have a positive impact on Hispanics’ approach to healthcare
                                • Figure 12: Hispanic labor force participation and unemployment rate, January 2007-April 2015
                              • Millennials are aging
                                • Figure 13: Hispanic share of US population, by generation, 2015
                            • Key Players – What You Need to Know

                              • Hispanics less likely to have employer-sponsored health insurance
                                • Spanish-dominant Hispanics looking outside traditional insurance providers
                                  • A stronger connection seems missing at the healthcare provider level
                                  • What’s Working?

                                    • Engaging Hispanics to achieve a healthier lifestyle
                                      • Offering education and support
                                        • Figure 14: Health, wellness, prevention information from aetna, June 2014
                                      • Reviewing coverage
                                        • Figure 15: Humana print ad about general health insurance, January 2015
                                    • What Needs a Check-up?

                                      • Making things more complex than they have to be
                                        • Not providing Hispanics with traditional touch-points
                                        • What’s Next?

                                          • With more competition, greater differentiation will be needed
                                            • Younger Hispanics less expensive to insure
                                            • The Consumer – What You Need to Know

                                              • Hispanics feel healthy
                                                • Health insurance is worth the money, with caveats…
                                                  • Hispanics not fans of visiting healthcare providers
                                                  • Hispanics’ Perception of Overall Health

                                                    • Hispanics see themselves healthy
                                                      • Figure 16: Hispanics’ perception of overall health, by age, June 2015
                                                    • Hispanics see themselves overweight
                                                      • Figure 17: Hispanics’ perception of weight – Overweight-right weight ratio, by household income, June 2015
                                                    • Being overweight not a big issue for most Hispanics
                                                      • Figure 18: Hispanics’ perception of overall health, by perception of weight, June 2015
                                                  • Hispanics’ Attitudes toward Living Healthy

                                                    • Hispanics not taking good health for granted
                                                      • Figure 19: Hispanics’ attitudes toward living healthy, June 2015
                                                  • Health Information Sources

                                                    • Not all family and friends are created equal
                                                      • Figure 20: Information sources about healthcare that Hispanics use, June 2015
                                                    • Television shows more influential among less-acculturated Hispanics
                                                      • Figure 21: Information sources about healthcare that Hispanics use – Television shows, June 2015
                                                  • Contributors to Healthy Living

                                                    • Hispanics base healthy living on three pillars
                                                      • Figure 22: Factors Hispanics believe contribute to healthy living for them, June 2015
                                                  • Health Insurance Coverage

                                                    • Household income a determinant factor to have health insurance coverage
                                                      • Figure 23: Health insurance coverage among Hispanics, by household income, June 2015
                                                    • Hispanics less likely to have employer-sponsored health insurance
                                                      • Figure 24: Types of health insurance Hispanics own, June 2015
                                                  • Other Health Insurance Coverage

                                                    • Vision and dental insurance not a priority among Hispanics
                                                      • Figure 25: Hispanics’ ownership of dental and vision insurance, by household income, June 2015
                                                  • Health Insurance Companies

                                                    • Hispanics’ insurance market more competitive among Hispanics
                                                      • Figure 26: Health insurance companies used, by Hispanic origin, February 2014 – March 2015
                                                  • Important Factors When Choosing Health Insurance

                                                    • Coverage may be starting point with Hispanics
                                                      • Figure 27: Important factors for Hispanics when choosing health insurance, June 2015
                                                  • Hispanics’ Attitudes toward Health Insurance

                                                    • Trust in health insurance greater among more affluent Hispanics
                                                      • Figure 28: Hispanics’ attitudes toward health insurance – Trust, by household income, June 2015
                                                    • For Hispanics health insurance is worth the cost
                                                      • Figure 29: Hispanics’ attitudes toward health insurance – Cost and value, by household income, June 2015
                                                  • Healthcare Professionals Visited

                                                    • Hispanics less likely to visit healthcare professionals
                                                      • Figure 30: Healthcare professionals Hispanics visited in the past 12 months, February 2014 – March 2015
                                                  • Hispanics’ Attitudes toward Healthcare Professionals

                                                    • Doctors’ appeal increases with age
                                                      • Figure 31: Hispanics’ attitudes toward healthcare professionals, February 2014 – March 2015
                                                  • Appendix – Data Sources and Abbreviations

                                                    • Data sources
                                                      • Expenditures data
                                                        • Fan chart forecast
                                                          • Consumer survey data
                                                            • Abbreviations and terms
                                                              • Abbreviations
                                                                • Terms
                                                                  • A note on acculturation
                                                                  • Appendix – Market

                                                                      • Figure 32: Total Hispanic expenditures and forecast of health care, at inflation-adjusted prices, 2010-20
                                                                      • Figure 33: Total Hispanic expenditures and forecast of health care, by segment, at current prices, 2010-20
                                                                    • Health insurance
                                                                      • Figure 34: Total Hispanic expenditures and forecast on health insurance, at current prices, 2010-20
                                                                      • Figure 35: Total Hispanic expenditures and forecast of health insurance, at inflation-adjusted prices, 2010-20
                                                                    • Out-of-pocket health expenditures
                                                                      • Figure 36: Total Hispanic expenditures and forecast of out-of-pocket healthcare, at current prices, 2010-20
                                                                      • Figure 37: Total Hispanic expenditures and forecast of out-of-pocket healthcare, at inflation-adjusted prices, 2010-20
                                                                  • Appendix – Consumer

                                                                    • Health insurance companies
                                                                      • Figure 38: Health insurance companies Hispanics use, by age, February 2014-March 2015
                                                                      • Figure 39: Health insurance companies Hispanics use, by household income, February 2014-March 2015
                                                                      • Figure 40: Health insurance companies Hispanics use, by language spoken at home, February 2014-March 2015
                                                                    • Healthcare professionals visited
                                                                      • Figure 41: Healthcare professionals Hispanics visited in the past 12 months, by age, February 2014 – March 2015
                                                                      • Figure 42: Healthcare professionals Hispanics visited in the past 12 months, by household income, February 2014-March 2015
                                                                      • Figure 43: Healthcare professionals Hispanics visited in the past 12 months, by language spoken at home, February 2014-March 2015

                                                                  Companies Covered

                                                                  To learn more about the companies covered in this report please contact us.

                                                                  Hispanics and Healthcare - US - August 2015

                                                                  US $3,995.00 (Excl.Tax)