The West Health-Gallup Survey conducted in November 2024 revealed that 12% of U.S. adults borrowed an estimated collective $74 billion to cover medical expenses in 2024. The survey found disparities in borrowing across demographic groups, with younger and minority populations being particularly affected. Concerns about potential future medical debt were also prevalent, indicating the need for stronger public policy to address the impacts of health care costs.
An Estimated 31 Million Americans Borrowed for Medical Bills in 2024
Conexiant
March 6, 2025