Investor Presentaiton
Exhibit 1.3: Problems Paying Medical Bills and Financial Consequences for Rhode Islanders
Bill over $500 by Year
Problem Paying Medical Bills by Year
24.1%
12.3%
12.3%
11.3% 11.7%
11.3%
10.6%
2012
2015 2016 2018
2020
2022
19.1%
17.8%
15.9%
14.9%
14.2%
2012 2015
2016
2018
2020
2022
Because of medical bills, in the last 12 months our family has...
...been unable to pay
... used up all or most
...had large credit
for basic necessities
like food, heat or rent
of savings
card debt or had to
...filed for medical
bankruptcy
take a loan against
the home
8.6%
5.2%
5.3%
4.9%
4.7%
4.1%
3.5%
3.6%
2.9%
0.5%
0.3% 0.3%
2018 2020 2022
2018 2020 2022
2018 2020 2022
2018 2020 2022
Source: HealthSource RI, 2022 Rhode Island Health Insurance Survey, accessed March 27, 2023, https://healthsourceri.com/surveys-and-reports.
Annual Report: Health Care Spending and Quality in Rhode Island
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