MoneyRates Study Shows Best and Worst States for Healthcare in 2021

Rhea-AI Summary

On January 12, 2021, MoneyRates.com released its updated study on healthcare quality across U.S. states, highlighting the best and worst states in providing healthcare, particularly in light of COVID-19 challenges. Iowa was identified as the top state for healthcare, surpassing Massachusetts, while South Carolina ranked the lowest for the second consecutive year. Key metrics analyzed included health insurance coverage and infant mortality rates, revealing significant disparities in healthcare access and quality between states. The comprehensive report is available for consumer comparison through an interactive map.

Positive

• Iowa ranked first in healthcare quality, performing well in health insurance coverage and child immunization.
• Massachusetts, though ranked second, was previously the top state, indicating competitive healthcare quality.
• The study provides an interactive map for consumers to compare healthcare conditions, enhancing accessibility of information.

Negative

• South Carolina remained at the bottom for healthcare delivery for the second consecutive year.
• Substantial healthcare disparities were noted, such as Texas residents being six times more likely to lack insurance compared to Massachusetts.

FOSTER CITY, Calif., Jan. 12, 2021 /PRNewswire/ -- MoneyRates.com updated its award-winning research today on healthcare quality among U.S. states and finds the states that are best positioned to meet coronavirus challenges and other ongoing demands. The latest study confirms that where you live can impact access, cost and effectiveness of healthcare services.

The complete report, Vital Signs: Best States for Healthcare 2021, includes an interactive map allowing consumers to easily compare healthcare conditions among up to three states at a time.

To analyze healthcare quality, MoneyRates ranked all 50 states plus the District of Columbia on eight factors:

1. Health insurance coverage
2. Reported health status
3. Child immunization coverage
4. Infant mortality
5. Nursing home adequacy
6. Medical office staffing adequacy
7. Hospital affordability
8. Health insurance affordability

Based on an average ranking across the above criteria, Iowa emerges as this year's best state for healthcare, bumping Massachusetts from its overall position in last year's report. On the opposite end of the spectrum, South Carolina struggles in last place for the second consecutive year.

Healthcare disparity between states is illustrated in the following examples:

• A Texas resident is six times as likely as one in Massachusetts to lack health insurance
• West Virginians are almost twice as likely as those in the District of Columbia to describe themselves as being in fair or poor health
• The infant mortality rate in Mississippi is 2.4 times that in New Hampshire
• The cost of a daily hospital stay is more than 2.5 times as high in Washington state as in Mississippi

"As COVID cases strain health systems nationally, it becomes increasingly important to understand which states are most likely to deliver highest quality care," notes Richard Barrington, senior financial analyst for MoneyRates. "Healthcare is one factor considered by those determining the best states to retire, and also for people thinking about the best states to raise a family."

Iowa achieves top-ten ranking in four of eight categories this year, with first-place position in health insurance coverage and child immunization. The top ten states for healthcare delivery overall include:

1. Iowa
2. Massachusetts
3. Nebraska (tie)
4. North Dakota (tie)
5. Connecticut
6. Rhode Island
7. New Hampshire
8. Virginia
9. Maryland
10. Kentucky

States ranking in the bottom ten are listed from worst to 10^th-worst:

1. South Carolina
2. Oklahoma
3. Alaska
4. New Mexico
5. Texas
6. Georgia
7. Arizona
8. California
9. North Carolina
10. Nevada

"It's clear that where people live can significantly affect the healthcare they receive," explains Barrington. "With health systems taxed as never before, this can be crucial information to consider."

Barrington is available to elaborate on this research and its findings.

About MoneyRates

MoneyRates.com is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a leader in providing performance marketplace technologies and services to the financial services and home services industries. QuinStreet is a pioneer in delivering online marketplace solutions to match searchers with brands in digital media. The company is committed to providing consumers with the information and tools they need to research, find and select the products and brands that meet their needs. MoneyRates is a member of QuinStreet's expert research and publishing division.

Since 1998, MoneyRates has served as a personal finance resource designed to help readers make the most of their money. In addition to a variety of financial calculators, MoneyRates researches and tracks CD, savings, and money market rates offered from over 400 financial institutions across the country to offer expert advice on banking, investing and retirement planning.

Twitter: @MoneyRates
Facebook: www.facebook.com/MoneyRatesdotcom

Press Contact

Jacqueline Leppla
jleppla@quinstreet.com
775-321-3608

 

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SOURCE MoneyRates.com

FAQ

What are the best states for healthcare in 2021 according to MoneyRates?

According to MoneyRates, Iowa is the best state for healthcare in 2021, followed by Massachusetts.

What metrics were used to rank healthcare quality in the MoneyRates study?

The study ranked healthcare quality using metrics such as health insurance coverage, reported health status, child immunization coverage, and infant mortality.

Which state ranked the lowest for healthcare in 2021?

South Carolina ranked the lowest for healthcare in 2021, continuing its previous year's position.

How does MoneyRates illustrate healthcare disparities between states?

MoneyRates illustrates healthcare disparities through examples such as the differences in uninsured rates and infant mortality between states like Texas and Massachusetts.

Where can I find the MoneyRates report on healthcare quality?

The complete MoneyRates report on healthcare quality can be found at their official website, featuring an interactive comparison map.