Press "Enter" to skip to content

Survey Finds Almost Half of Americans Admit Healthcare Bills Have Put Them in Debt

Share this:

Almost half (46%) of Americans surveyed admit healthcare bills have put them in debt, according to new research conducted on behalf of Babylon, a global digital-first healthcare company.  The survey was conducted by One Poll on behalf of Babylon between August 8 Р15, 2022. 5,000 US adults were surveyed.

One in 10 Americans (10%), according to the survey, reveal that they would not be able to afford any out-of-pocket expenses if they had a health emergency. Meanwhile, 11% would only be able to afford up to $50 and an additional 11% would be able to afford up to $100.

According to the Centers for Medicare & Medicaid Services (CMS), by the end of 2022, out-of-pocket spending growth is projected to continue accelerating to 6.1% from 4.2% in 2020.

While all U.S. adults are advised to have a healthcare savings fund, this is not feasible for everyone. Almost six in 10 Americans (58%) who were polled do not have a dedicated savings fund for healthcare emergencies, while 38% do.

Read more:

Share this: