"National Financial Literacy Month is celebrated in April, which is a great opportunity for us to check and promote our financial situation and skills. If you consider yourself illiterate in terms of finances then you are not alone! It does not matter if you have just started earning or have been earning for a long time, every day is a chance to reflect upon your spendings and improve your finances."
https://t.co/dvTVNrHjN2 via @natltoday Did you know April was #FinancialLiteracyMonth? Did you know most Americans don’t understand basic health insurance terms? #healthliteracy IS #financialliteracy!
— medASTUTE Consulting (@MedASTUTE) April 29, 2022
Financial literacy is important.
As a veteran of the healthcare industry, someone who has been focused on the cost-side of healthcare for 20+ years, I strongly believe that health literacy IS financial literacy. I've written about this in the past:
- Financial Literacy From A Healthcare Point-of-View (Part 1)
- Financial Literacy From A Healthcare Point-of-View (Part 2)
- Financial Literacy From A Healthcare Point-of-View (Part 3)
My colleague Daniel is just as passionate. If you haven't already, I suggest reading his most recent entries about insurance, drug prices, and medical debt:
- Why Health Insurance is NOT like Auto Insurance
- Drug prices LESS than your co-pay? INCONCEIVABLE!
- How long should medical debt haunt your credit report?
Health Literacy Month isn't until October, but why wait?!?