Americans Borrow $88 Billion Annually to Pay for Healthcare

  • 5 years ago
Americans Borrow $88 Billion Annually to Pay for Healthcare According to a West Health-Gallup survey, more and more Americans are taking out loans to pay their medical bills. 1 in 8 Americans had to borrow money for care in the last year. And 65 million Americans forgo
healthcare altogether to save money. America spends $10,000 per person on healthcare, which is more than any
other nation. But the U.S. still ranks extremely low on many major health indices among developed nations. 45% of Americans are concerned that a major medical issue will bankrupt them. Tim Lash, Chief strategy officer for West Health, via CNN

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