This is a fascinating article about how UnitedHealth, the largest health insurance company in the United States, has been experimenting with providing housing to low-income patients as a way to reduce costs. The company hopes to “reduce expenses, not by denying care, but by spending more on social interventions.” For example, “Steve went to the ER 81 times, spent 17 days hospitalized, and had medical costs, on average, of $12,945 per month. In the nine months since he got a roof over his head and health coaching from Brenner’s team, Steve’s average monthly medical expenses have dropped more than 80% to $2,073.”
We love to see innovative, markets-driven solutions to social problems. Kudos to UnitedHealth.