Financial planning for healthcare is possible, but some may not anticipate exactly how much to set aside for the planned and unexpected.
The annual cost of healthcare in America is nearly one-and-a-half times more than what survey respondents think, according to Synchrony’s Lifetime of Healthcare Costs research study. While most estimated their annual out-of-pocket healthcare expenditures were $850 (not including paid premiums), in reality, their actual expenses were closer to $2,100.¹
While health insurance can be a good first line of defense, there are a number of other ways to plan for the unexpected healthcare costs, including financing options through the CareCredit credit card.
Discover how the CareCredit credit card can help you pay for unexpected and out-of-pocket medical expenses at www.carecredit.com
And to learn more about how much healthcare costs in the U.S., download the full Synchrony’s Lifetime of Healthcare Costs research study at [INSERT FINAL LINK]
See if you prequalify and apply for a CareCredit credit card today at https://www.carecredit.com/apply
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SOURCES
¹ 2022 Lifetime of Healthcare Costs, conducted by ASQ360 Market Research/Stephens & Associates on behalf of CareCredit, August 2022. Figure represents a baseline of out-of-pocket expenses which include average annual copays, prescriptions, and OTC medications, out-of-pocket co-insurance costs after deductible is met, and annual health insurance premium costs. Not included is care for chronic or serious illnesses or elective procedures
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