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Publisher: Kaiser Health News
Author: Noam N. Levey

100 Million People in America Are Saddled With Health Care Debt

Are your employees bogged down with healthcare debt? A quarter of adults with health care debt owe more than $5,000 and about 1 in 5 with any amount of debt said they don’t expect to ever pay it off. #Debt #Healthcare #Savings

Are your employees bogged down with healthcare debt? A quarter of adults with health care debt owe more than $5,000 and about 1 in 5 with any amount of debt said they don’t expect to ever pay it off. #Debt #Healthcare #Savings
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Are your employees bogged down with healthcare debt? A quarter of adults with health care debt owe more than $5,000 and about 1 in 5 with any amount of debt said they don’t expect to ever pay it off. #Debt #Healthcare #Savings
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Tags: participant behavior, financial wellness, financial stress, debt reduction, health debt

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2022 2023 401k additional benefit automatic features behavioral finance college loan repayment covid response debt reduction decumualation deferral rates delayed retirement distributions diversity economic recovery education emergency savings employee behavior employee benefit employee communication employee feedback employee wellbeing fiduciary financial stress guaranteed income hardship health debt health plans hot topics inclusion inflation investment options loans managed accounts match mental health participant behavior participant communication participant education participant outcomes participant wellbeing plan fees planning presenteeism recruiting and retention retirement retirement age retirement income retirement readiness retirement savings retirement security savings rates secure 2.0 social security statistics student loan survey target date investments total benefits utilization women