Women Pay $15 Billion More Than Men For Medical Costs, New Report Shows

Stacy Francis, President and CEO of Francis Financial was recently quoted by Forbes on how medical health costs coincide with financial health.

According to KFF, 50% of women have put off healthcare they needed and 40% have skipped a recommended medical test or treatment because of cost, compared with 35% and 26% of men, respectively.

“Sky-high health care costs threaten women’s economic security,” Francis said. “Women carry much higher debt burden because of medical costs that they cannot afford to pay at the time of care…These women are just one serious illness away from financial disaster.”