For the survey, Flywire polled 2,004 U.S. adults between July 9 and 16.
Here are four more takeaways:
- Nearly all respondents (95%) said there needs to be a simpler way to understand and pay for medical bills.
- Ninety-three percent of patients said they want easier ways to pay bills over time, with many preferring installment options longer than 12 months. Thirty-eight percent said they would like payment terms of 12 to 18 months.
- Eighty-nine percent of respondents said they are worried about rising medical expenses, and 60% said they could not cover unexpected costs in a single payment.
- Sixty-seven percent of respondents said they worried about healthcare data breaches, and 31% said they have received breach notifications regarding their medical data.
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.
