Consumer Assets and Patient Cost Sharing

Percent of Households with Net Financial Assets Greater than Specified Deductibles and Out of Pocket Maximums
Threshold: Mid Range Deductible: High Range Deductible: Mid Range
Out-of-Pocket Maximum:
High Range
Out-of-Pocket Maximum:
Single/Family Coverage ($1,200-Single and $2,400-Family) ($2,500-Single and $5,000-Family) ($3,000-Single and $6,000-Family) ($6,000-Single and $12,000-Family)
Among All Non-elderly, Non-Poor Households
All Households 53% 45% 43% 35%
Size of Household
One Person Households 51% 43% 41% 34%
Multi-Person Households 53% 45% 43% 35%
Poverty Level
100% to 250% FPL 26% 18% 17% 10%
250% to 400% FPL 51% 39% 37% 28%
Over 400% FPL 76% 70% 67% 59%
Among All Non-Elderly, Non-Poor Households with Only Private Insurance
All Households 65% 57% 54% 46%
Size of Household
One Person Households 64% 55% 52% 44%
Multi-Person Households 66% 57% 55% 47%
Poverty Level
100% to 250% FPL 38% 28% 27% 18%
250% to 400% FPL 54% 42% 39% 32%
Over 400% FPL 78% 72% 69% 61%
Among All Non-Elderly, Non-Poor Households with Someone without Insurance
All Households 27% 19% 17% 11%
Size of Household
One Person Households 30% 24% 21% 16%
Multi-Person Households 27% 17% 16% 9%
Poverty Level
100% to 250% FPL 18% 12% 11% 5%
250% to 400% FPL 34% 22% 21% 14%
Over 400% FPL 59% 45% 40% 30%
NOTES: FPL (federal poverty level). Households with only private insurance are covered by employer coverage, non-group coverage, Tri-care and/or a union sponsored plan. Figures reported are percent of households meeting family thresholds for households with more than one member and single-coverage threshold for individual households.
SOURCE: Kaiser Family Foundation analysis of 2013 Survey of Consumer Finance (SCF) data.
Consumer Assets and Patient Cost Sharing – Issue Brief – 8699