It’s early to hand out Word-of-the-Year honors, but don’t be surprised if “affordability” is the winner next December. Or at least first runner-up should the winning word be unable to fulfill its duties.
You can’t throw a stick without hitting a politician or pundit talking about the affordability of groceries, housing, childcare, cars — and healthcare.
But like any word or phrase that’s used and abused (“6-7,” anyone?), at some point you may ask yourself:
What is the definition of affordability?
Merriam-Webster defines it as “having a cost that is not too high,” But, of course, what’s not too high for a tech billionaire might be completely out of reach for the server pulling a double shift or a home health aide making minimum wage.
Let’s be real: Healthcare is expensive. It relies on highly trained professionals. Sophisticated technologies. Expanding infrastructure. Relentless expectations for quality, safety, and service from patients, communities and regulators. Add decades of structural inefficiencies and deeply misaligned incentives across providers, payers and consumers and it’s little wonder 59 percent of Americans express concern about paying medical bills, according to the latest Jarrard research.
Whether healthcare can ever be “affordable” – in the everyday sense of the word – remains an open question.
From Blame to Credibility: A Clearer Way to Talk About Cost
So where does that leave health system and hospital leaders who often catch blame for the cost of care? How can they talk credibly about affordability?
- First, lead with empathy. Healthcare costs cause real pain to real people. Claiming broadly that your care is “affordable” simply won’t feel true for many people. Acknowledge the reality — and the hardship — healthcare costs can create.
- Second, own what is within your control. It can feel righteous to point fingers at insurers or Big Pharma, but patients rarely care who’s at fault. They want to know what you are doing to help. Be transparent about efforts to reduce costs and streamline processes. Implement compassionate financial policies. Share real data that shows progress.
- Third, broaden the story without dismissing the challenge. Yes, healthcare is a “cost,” but it also generates immense value — from lives saved to jobs supported to economic activity that sustains communities. Leaders should take every chance to talk about these benefits. It’s not defensive. It’s painting a complete picture.
Healthcare affordability is complex and won’t be solved by any single organization. But leaders who combine empathy, accountability and honest storytelling can speak about it credibly — and move the conversation in a more constructive direction.
Jarrard is your trusted partner
Partner with us. There’s no learning curve.
Discover how Jarrard helps healthcare leaders shape a story that will resonate with your stakeholders.
Richard Wells, Jarrard Vice President








