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Affordability Crisis Hits Half of US Adults
15 Dec
Summary
- Nearly half of U.S. adults struggle with medical bill costs.
- Many adults incur debt or delay care due to expenses.
- Minority and lower-income groups face greater affordability challenges.
A recent study reveals that almost half of all adults in the United States are currently facing difficulties in covering their medical expenses. This ongoing struggle underscores the persistent debate surrounding the high cost of the American healthcare system. Many individuals report significant problems paying for healthcare over the past year.
The research indicates that these affordability issues lead to serious consequences. Over 40 percent of consumers have accumulated debt to manage medical or dental bills. Furthermore, a substantial number of adults are compelled to postpone or forgo essential medical care due to prohibitive costs, impacting their overall health and well-being.
Disparities in financial hardship are evident, with minority groups and lower-income households experiencing more acute affordability challenges. Even those with health insurance express concerns about rising premiums and out-of-pocket expenses, suggesting a widespread systemic issue within the nation's healthcare finance.
