Black millennials report carrying substantially more medical debt compared to other generations. Of those respondents who could estimate their medical debt, Black millennials self-reported they have on average $11,469 in medical debt. That’s four times higher than Black Gen Xers and ten times more than Black baby boomers .
More than a third of Black millennials have skipped or delayed getting care to save on medical expenses, compared to just 19% of Black Gen Xers and 13% of Black baby boomers. Of the Black millennials negatively impacted by financial stress, 40% say it has impacted their relationships and 20% say it impacted their overall health.
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