Aflac report shows 47% of US workers unable to cover $1,000 in medical out-of-pocket costs
AFL•AFL•AFL•AFL•Aflac's 16th annual WorkForces Report found 47% of Americans could not cover $1,000 in medical out-of-pocket costs, rising to 61% for Gen Z. It also reported that 49% delayed medical care and 30% postponed or avoided treatment because of cost.
Aflac published its 16th annual WorkForces Report on workplace benefits and financial resilience. The report found that 47% of Americans could not cover $1,000 in medical out-of-pocket costs, including 61% of Gen Z; 49% delayed medical care, and 30% postponed or avoided treatment due to cost. It also said 75% expect insured cancer out-of-pocket costs to be below $2,000, while a cited study pegs initial-phase costs at $45,063. AI use in benefits research was reported by 30% of Americans, 37% of Gen Z and 40% of millennials.
