'Pray nothing major happens'
Health insurance is taking a growing bite out of
Data compiled by WalletHub, a personal finance company, claims average health insurance premiums is 17% of the median household income in
WalletHub compared the average monthly premium for a "silver" health insurance plan in each state with that state's median household income to determine how much of a family's earnings go toward coverage.
In
Under the Affordable Care Act, more commonly known as Obamacare, health insurance plans were arranged into metal tiers. "Platinum" plans offer the most coverage with the lowest deductibles while "bronze" plans have high deductibles and still require you to take on around 40% of the costs, according to HealthCare.gov.
"Silver" plans offer a middle-ground level of coverage and serve as the benchmark for Premium Tax Credits under the Affordable Care Act. But when the Enhanced Premium Tax Credits expired at the end of 2025, households earning more than 400% of the federal poverty level were no longer eligible for the subsidies, leaving many to shoulder higher insurance costs.
WalletHub reported
The survey gathered responses from 545
Although 80% of respondents said they were satisfied with the quality of their healthcare, affordability remains a major concern. The survey found 81% consider the cost of healthcare an extremely or very serious problem, while 56% said they were dissatisfied with out-of-pocket expenses such as co-pays and deductibles.
"
Only 71.5% of the respondents had health insurance at the time of the survey. Of those 390 individuals, 42% said they were concerned about losing their health insurance.
An unnamed individual was quoted in the survey report as saying, "I'm better off putting what I pay for health insurance monthly into a savings account and pray nothing major happens."
Another said, "No one should have to choose between medical care, or losing their home, or even being able to pay monthly bills. Illness should not have to cause bankruptcy and poverty. When peoples' care and accuracy of care are compromised over profits, the system is broke."


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