Photo: Flickr / NCBrian
In 2011, nearly one in four (24%) kids in the U.S. lived in a family struggling to pay its medical bills, the National centre for Health Statistics reports. Meanwhile, 13% of kids belonged to a family that could not afford its bills at all.
Children under the age of 17 are affected the most of any age group, as problems related to medical bill payments decrease with age, according to the report.
Only 7 per cent of adults older than 65 have trouble, though many still cut costs to make ends meet.
As we’ve reported, the average U.S. family of four spends more than $8,000 on basic health care services in 2011, while record numbers of Americans have been filing for bankruptcy due to outstanding medical bills they can’t afford to pay.
The slightly good news is that while children live in financially burderned homes, it does not mean they don’t have health insurance.
“Kids’ coverage is much better than adults,” Shana Alex Lavarreda, director of health insurance studies for the UCLA centre for Health Policy Research told MSNBC’s Allison Linn.
About 92 per cent of American children were insured as of fall 2010, Linn reports.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.