as declared in For a majority, or 52%, an unexpected medical bill that cost more than $500 would be out of reach.
As if to drive home that point, a new survey shows that Americans have trouble affording most unexpected medical bills, even in smaller amounts.
Health savings accounts, which accompany high-deductible health plans, are a key part of Republican plans for the repeal and replacement of the Affordable Care Act.
And unexpected medical bills that cost more than $100 would be unaffordable for 37%, or more than a third, of Americans, the survey, released Tuesday, found.
But increasingly, Americans are getting exposed to high out-of-pocket health-care costs, as high-deductible health plans are offered by more employers and increase in popularity.
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Many Americans are woefully unprepared for a surprise medical expense
As the country remains divided over a health-care overhaul, costs are rising, leaving most Americans one medical bill away from plunging into debt.
Over 60 percent said receiving a medical bill they can’t afford is worse than or equally as bad as being diagnosed with a serious illness.
More than one-third said they could not afford an unexpected medical bill for more than $100 (often less than the cost of a new patient office visit) without going into debt.
To that point, 74 percent of Americans said their health-care costs have gone up in the past few years — yet less than half of those in a recent survey leave room in their budget for medical expenses.
The survey by health-care information firm Amino polled more than 1,000 adults online in February.
as mentioned in Fifty-three percent of Americans believe receiving a large, unaffordable medical bill is as bad as being diagnosed with a serious illness.
53% of Americans equate unaffordable medical bills to being diagnosed with a serious illnessAmericans have significant concerns about rising healthcare costs, and they deal with these worries in different ways, according to a recent study.
Researchers asked more than 1,000 adults how they view and deal with rising healthcare costs.
Only 19 percent of respondents cited not seeing a physician as their main tactic to avoid high medical bills.
The survey found only 23 percent of Americans are able to cover an unexpected medical bill for more than $2,000.
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