22% of Americans say cost is an obstacle to healthcare, survey shows

American households continue to struggle with healthcare costs, and most are concerned about access to affordable insurance coverage, according to a new Bankrate survey.

Advertisement

The survey of 1,000 adults was conducted in July for Bankrate.com by GfK Custom Research North America.

Five findings:

1. When asked if they or a close family member in their household chose not to receive necessary medical care due to cost, 22 percent of respondents said, “yes,” and 77 percent said, “no.”

2. Of those who said they or a close family member in their household avoided medical care, approximately 17 percent were Medicare or Medicaid beneficiaries, while 29 percent purchased coverage in the private market, such as through the ACA exchanges, and 22 percent had employer-sponsored insurance.

3. Twenty-five percent of those who said they or a close family member in their household avoided medical care are women; 18 percent are men.

4. Forty-one percent of respondents who paid a medical bill in the last 12 months said it was higher than they anticipated.

5. Fifty-four percent of respondents said they were “very worried” or “somewhat worried” about not having affordable health insurance in the future.

Read more about the survey here.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.