Health Care Statistics
1. In an article published in Health Affairs, it is estimated that health care is now the largest industry in the U.S., with a size greater than $3.5 trillion.
2. According to a recent survey, 64% of Americans have delayed medical care out of fear of high medical bills.
3. Approximately one in five Americans have medical debt in collections, and one third of the population is in debt due to medical expenses according to a study conducted by the Urban Institute.
4. Per Axios, the average amount a person spent on health insurance in 2018 was $11,121.
5. In a new brief by the Kaiser Family Foundation, the average out-of-pocket cost of health care in 2018 was $3,000.
6. A 2018 study published by Health Affairs shows that "1 in 6 Americans have past-due health care bills on their credit report, a debt totaling $81 billion in all".
7. A 2016 study by the Centers for Disease Control and Prevention reveals that 3/4 of insured Americans between the ages of 20 and 65 could not pay their medical bills.
8. A survey performed by the Kaiser Family Foundation and New York Times in 2016 reveals that 1 in 4 Americans had trouble paying a recent medical bill.
9. Of those with medical bill problems, the 2016 New York Times/Kaiser Family Foundation survey:
37% borrowed money from their friends or family
70% cutback spending on food, clothing, or other basic household items
41% said they took an extra job or worked more hours
59% said they used up most or all of their savings
35% were not able to pay for basic necessities like food, heat, or housing
10. According to the Kaiser Family Foundation, the average deductible is $4,544. This means that families are expected to pay nearly $5,000 out of pocket before insurance coverage begins.