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Home Prescription Drugs and Pharmacy 65% of Employees Would Pay for Genetic Testing

65% of Employees Would Pay for Genetic Testing

Posted on November 22, 2017 Written by Editor

Sixty-five percent (65%) of respondents would be interested if their employer offered easy and affordable access to genetic testing for health purposes, and the results were private and only shared between the employee and their doctor. Twenty-six (26%) percent want genetic testing but only if it is free, and 9% would have no interest in an employer offer of access to genetic testing. Further, 52% of respondents are willing to pay up to $250 for genetic testing.

Results are based on Wamberg Genomic Consumer Survey, which queried 536 U.S. consumers from 26 to 64 years old with employer-sponsored health insurance. Survey Sampling International (SSI) fielded the survey in October/November 2017.

For the first time, employers can offer the following tests and reports to help employees and care providers better manage health:

— Whole Genome Sequence & Report (WGx) —
— Whole Exome Sequence & Report (WEx)
— Cancer Genomic Profiling Program (CGx)
— Pharmacogenomics (PGx)
— Stem Cell & Cord Blood Banking

In the Wamberg Genomic survey, respondents were asked:
What is the most you would pay for genetic testing if your employer contributed $1000 per year to a tax-free account for your medical expenses?”

Respondents answered as follows:

— 33% would pay $100
— 19% would pay $250
— 8% would pay $500
— 4% would pay $1,000 or more
— 10% do not want genetic testing
— 26% are not willing to pay

Other results of the survey revealed the following:

— 75% responded genetic testing can help people live a longer and better quality of life
— 33% have had genetic testing. Of those that have had testing, 52% found the results useful

The Wamberg Genomic Consumer Survey queried 536 U.S. consumers 26-64. The survey was fielded by Survey Sampling International (SSI) in October/November 2017. Data for the survey was collected via an opt-in panel. The margin of error was 4%.

Related Coverage

  • Study Finds Consumers Want Their Physician to Lead

For more reporting on this topic, see our Prescription Drugs and Pharmacy news hub.

Filed Under: Prescription Drugs and Pharmacy

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