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.
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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.
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4. Per Axios, the average amount a person spent on health insurance in 2018 was $11,121.
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5. In a new brief by the Kaiser Family Foundation, the average out-of-pocket cost of health care in 2018 was $3,000.
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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".
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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.
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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.
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9. Of those with medical bill problems, the 2016 New York Times/Kaiser Family Foundation survey:
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37% borrowed money from their friends or family
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70% cutback spending on food, clothing, or other basic household items
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41% said they took an extra job or worked more hours
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59% said they used up most or all of their savings
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35% were not able to pay for basic necessities like food, heat, or housing
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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.