For some, their normal monthly income could cover expenses such as premiums, but an unexpected medical bill could be difficult to pay. 

Middle and low-income households in the US are experiencing income volatility, which affects their ability to pay for health care, a new study says. The report from Brookings Economic Studies found that those in the study, working-age adults with a median income of $60,000, were showing signs of economic insecurity. The study found that more than half of the study participants relied on secondary sources of income such as part-time jobs to pay the bills.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.