Cost of medical care causes delays for many Americans: survey
June 3, 2022 — Nearly 7 in 10 Americans have postponed a doctor’s appointment or medical procedure due to cost, according to a recent WebMD survey.
The results showed that 69% of the 701 respondents had cost concerns, with age and gender being important factors in the decision to delay medical care.
People younger than 45 were much more likely to postpone an appointment or procedure than those 45 and older (77% versus 58%), and women were more likely than men (73% versus 64% ), based on data from the survey, which took place from May 18 to May 23.
Despite these payment issues, just under half (48%) of respondents said they had ever compared the price of a doctor or procedure to find a more affordable option. Again, there was a significant difference by age – 55% for those under 45 and 40% for those 45 and over – but not by gender.
A survey question on costs that were not avoided showed that 10% of Americans had to pay a medical bill of $25,000 or more and a quarter paid a medical bill of at least $10,000. $.
At the low end of the payment scale, 16% of respondents said the highest bill they had ever paid was less than $1,000, and 12% said they had never had to pay medical bill.
Medical costs were high enough to require a loan for 18% of respondents, but there were no real differences between the sexes or the two age groups. Meanwhile, nearly half (48%) of those surveyed said they or someone in their household had a chronic condition that was creating financial hardship to deal with.
With regard to insurance coverage, the investigation revealed that:
- 41% were insured through their employer/spouse’s employer.
- 23% were covered by Medicare or Medicaid.
- 16% answered other, don’t know or refused to answer.
- 15% had no health coverage.
- 6% had taken out their own insurance.