According to a survey by Gallup and West Health, only 55% of U.S. adults could afford and access healthcare in late 2023, the lowest since tracking began in 2021, with younger adults facing the most significant challenges in healthcare affordability. Click here for article.
Only 47% of adults aged 18 to 49 were "cost secure" in late 2023, down from 52% in 2022.
The share of Americans who were "cost insecure" or "cost desperate" increased to 37% in late 2023 and early 2024, up from 32% in 2022.
Most employers plan to maintain current health benefits for 2025 despite rising per-employee costs, which grew 5.2% year-over-year between 2023 and 2024.
Black and Hispanic patients are increasingly "cost desperate," with these individuals being more likely to cut back on essentials or have lost a family member due to inability to afford treatment.
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