Despite spending more than $1 trillion on health insurance each year, many U.S. consumers are making poorly informed decisions – and paying for their lack of understanding.

According to the latest Health Insurance Literacy Survey from

  • 1 in 4 Americans say lack of health insurance understanding caused them to receive a higher-than-expected medical bill.
  • Half believe that copays count toward deductibles, when they generally do not.
  • Half of respondents say they can't afford health insurance without employer coverage.
  • 3 in 10 stay in jobs they don't like or take jobs they don't want so they can receive health insurance.

The survey of 1,000 consumers younger than 65 identified several broad areas of concern.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

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