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Working Americans and Perceptions of Chronic Care

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Chronic care and how to pay for it is on the minds of working Americans.1

Working Americans often face out-of-pocket medical costs that can deplete their savings or even put them in serious debt, despite having health-related insurance.
row of people icons side by side representing a ratio in Americans

How common are chronic health issues?

6 in 10 Americans currently have at least one chronic disease and 4 in 10 have two or more.2



Image of two icons representing facts around how concerned working Americans are around chronic illness

How concerned are working Americans about a chronic illness?

79% of Americans are very or somewhat concerned about the impact of a chronic illness. In fact, the number one concern is the expense of chronic care over months or years.



percentages on how Americans will pay for chronic care

How will they pay for chronic care?

59% of Americans plan to use savings to pay for chronic care, and 62% will also rely on medical insurance to meet a portion of expenses.

However, although employer-sponsored health coverage typically covers a large portion of medical costs, employees are still responsible for plan deductibles, co-pays, and any out-of-pocket maximums.

percentages on number of American estimates on cost for chronic care

How well do they understand the cost of care?

70% of Americans correctly estimate that 2 hours of daily home health care could cost more than $300 per week. 53% underestimated the annual cost of on-site residential nursing home care (which typically costs over $80k).





percentage of Americans interested in purchasing life insurance with a chronic care benefit

What could help?

81% of working Americans are interested in purchasing life insurance with chronic care benefits.







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1 Working Americans are defined as currently being employed at least 32 hours per week regardless of assets or employer size. All statistics quoted are from the 2023 MassMutual Chronic Care Study, unless otherwise noted.

2 The CDC defines chronic diseases broadly as conditions that last 1 year or more and require ongoing medical attention or limit activities of daily living. Source: December 13, 2022 — CDC National Center for Chronic Disease Prevention and Health Promotion (NCCDPH): About Chronic Diseases, https://www.cdc.gov/chronicdisease/resources/infographic/chronic-diseases.htm

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