When employees are living with a serious health condition such as cancer or a chronic condition such as heart disease, COPD or back pain, the cost for their care can add up quickly, leaving many with large bills for medical care and prescription medications.
The Kaiser Family Foundation recently reported that 67% of people in the U.S. are very worried or somewhat worried about unexpected medical bills. And many people are having difficulty paying high medical bills. The credit bureau TransUnion found that 68% of patients failed to fully pay off medical bill balances in 2016, up from 53% in 2015, and 49% in 2014. That percentage is projected to climb to 95% by 2020.
