A large number of workers are struggling with out-of-pocketcosts within high-deductible health plans, but many are alsonot aware of supplemental plans that can augment those costs,according to the Securian Benefits Survey July 2017.
KRC Research surveyed 573 adults in group plans on behalf ofSecurian Financial Group, and found that one-third (31 percent) ofthose with employer-provided health insurance report having paid orknow a family member who has paid an unexpected out-of-pocketmedical expense in the past five years caused by a critical illnesssuch as cancer, a heart attack or a stroke.
Sixty-one percent say the costs were manageable, but a quarter(27 percent) say the costs set them back financially, and 12percent say they could not afford the out-of-pocket costs and havenot yet paid the bills. Meanwhile, 12 percent say they do not knowhow they would pay a $500 out-of-pocket expense in the future, and21 percent are not sure how they would pay a $5,000expense.
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
