Industry Newshealthcare costsbenefit visibilityconsumer payments
Young Adults Face Rising Healthcare Cost Burden
6.1
PYMNTS Intelligence's November Generational Pulse Report, based on a survey of 2,368 US consumers, finds healthcare costs are hitting younger adults hardest, with 80% of Gen Z reporting at least some financial burden compared with 63% overall. The study shows higher out-of-pocket rates for zillennials (42%), millennials (38%), and Gen Z (35%), and reports 25% of Gen Z delayed visits and 22% skipped recommended care due to cost.
Key Points
- 1Reports show 80% of Gen Z face healthcare cost burdens, higher than 63% overall
- 2Highlights younger adults incur more out-of-pocket costs, increasing delayed or skipped care and financial stress
- 3Encourage adoption of real-time benefit tools and price transparency to reduce care avoidance
Scoring Rationale
Survey provides timely, statistically significant consumer data but relies on a single industry report without peer review.
Sources
Public references used for this report.
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