10 Shocking American Healthcare Statistics
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Here are 10 interesting statistics that highlight Americans' struggles with affording healthcare:
- Medical Debt Crisis:
- Around one in three Americans (33%) have some form of medical debt, with nearly 1 in 5 adults (19%) saying they owe $10,000 or more in medical bills. (Source: Consumer Financial Protection Bureau, 2022)
- High Out-of-Pocket Costs:
- 26% of Americans say they or a household member have delayed or avoided medical care due to the cost of care or treatment. (Source: Kaiser Family Foundation, 2022)
- Underinsured Population:
- About 43% of Americans are considered underinsured, meaning they have insurance but still face high out-of-pocket costs for medical care. (Source: The Commonwealth Fund, 2021)
- Prescription Drug Costs:
- 1 in 4 Americans (24%) report not filling a prescription in the past year due to high costs. (Source: Kaiser Family Foundation, 2021)
- Healthcare Affordability Rankings:
- The U.S. ranks 50th out of 55 countries in terms of healthcare affordability, according to the Commonwealth Fund's 2021 International Health Policy Survey.
- Medical Bankruptcies:
- 66.5% of all bankruptcies in the U.S. are linked to medical issues, either directly from medical bills or from lost income due to illness. (Source: American Journal of Public Health, 2019)
- Cost of Employer-Sponsored Insurance:
- The average annual premium for family coverage through an employer-sponsored plan in 2023 was over $22,000, with employees typically paying more than $6,000 of that cost. (Source: Kaiser Family Foundation, 2023)
- Health Insurance Deductibles:
- 35% of Americans with private insurance face annual deductibles of $2,000 or more, which can be prohibitively expensive for families. (Source: National Public Radio, 2021)
- Delayed Care:
- A 2022 survey found that nearly 1 in 5 Americans (19%) had delayed or skipped a medical treatment or appointment due to concerns about the cost. (Source: Gallup and West Health, 2022)
- Cost of Emergency Care:
- The average cost for an emergency room visit in the U.S. can range from $1,000 to $3,000, with uninsured patients often paying the full amount out of pocket. (Source: Health Affairs, 2022)
These statistics highlight the ongoing burden that high healthcare costs place on American families, even for those with insurance coverage.