Working women spend $15.4 billion more than men in out-of-pocket health costs, study finds

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Women rack up 10% more in health costs than men, but spend nearly 20% more out-of-pocket

Women spend $15.4 billion more on out-of-pocket expenses annually compared to their male-coworkers according to an analysis from Deloitte Consulting.Deloitte analysts say employers could close that cost-sharing gap by redesigning benefits at a cost of about $11 per month per employee.High health care costs are hitting women in the U.S. workforce much harder than men.

The study found women spend 18% more than men on co-pays and deductibles, on average. That's after excluding costs associated with pregnancy and maternity, according to the"This is a problem we're identifying that business leaders can actually solve within their own organizations. The takeaway being that women get paid less, and that they pay more for health care," said Dr. Kulleni Gebreyes, U.S. chief health equity officer at Deloitte Consulting.

 

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Women Pay $15 Billion More Than Men For Medical Costs, New Report ShowsA new Deloitte report shows that women pay $15.4 billion more than men on out-of-pocket medical expenses. Plus, women get less health insurance value than men.
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