As of 2020, 23 percent of families in the United States stated that they spent less on holiday gifts or even went without giving them altogether within the past two years due to medical cost concerns. This statistic illustrates the impact of medical cost concerns on families in the United States in the past two years during holiday seasons as of 2020.
Percentage of U.S. adults who stated they had to make the following difficult decisions during the holiday season in the past two years due to medical cost concerns as of 2020
Characteristic
Percentage of respondents
Relied on a credit card
28%
Spent less on holiday gifts or went without giving them altogether
23%
Canceled events
23%
Decided against purchasing a gift for a loved one
21%
Reduced their overall holiday spending
21%
Borrowed money from a friend or family member
21%
Put a stop to travel plans to see family or friends
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Aflac. (November 19, 2020). Percentage of U.S. adults who stated they had to make the following difficult decisions during the holiday season in the past two years due to medical cost concerns as of 2020 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1251778/medical-cost-concerns-on-us-families-during-holiday-seasons/
Aflac. "Percentage of U.S. adults who stated they had to make the following difficult decisions during the holiday season in the past two years due to medical cost concerns as of 2020." Chart. November 19, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1251778/medical-cost-concerns-on-us-families-during-holiday-seasons/
Aflac. (2020). Percentage of U.S. adults who stated they had to make the following difficult decisions during the holiday season in the past two years due to medical cost concerns as of 2020. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1251778/medical-cost-concerns-on-us-families-during-holiday-seasons/
Aflac. "Percentage of U.S. Adults Who Stated They Had to Make The following Difficult Decisions during The Holiday Season in The past Two Years Due to Medical Cost Concerns as of 2020." Statista, Statista Inc., 19 Nov 2020, https://www.statista.com/statistics/1251778/medical-cost-concerns-on-us-families-during-holiday-seasons/
Aflac, Percentage of U.S. adults who stated they had to make the following difficult decisions during the holiday season in the past two years due to medical cost concerns as of 2020 Statista, https://www.statista.com/statistics/1251778/medical-cost-concerns-on-us-families-during-holiday-seasons/ (last visited August 25, 2024)
Percentage of U.S. adults who stated they had to make the following difficult decisions during the holiday season in the past two years due to medical cost concerns as of 2020 [Graph], Aflac, November 19, 2020. [Online]. Available: https://www.statista.com/statistics/1251778/medical-cost-concerns-on-us-families-during-holiday-seasons/
