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Utah Residents Spend Least Out-Of-Pocket On Healthcare

AI-written from public sources Written by Utah News AI and quality-checked before publishing.
A macro photograph of small change neatly stacked on a wooden surface, symbolizing low financial expenditure, with a blurred Utah landscape in the background representing local stability and domestic life.
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A new study reveals that Utah residents spend the lowest amount of out-of-pocket money on healthcare. According to WalletHub, these costs represent approximately five percent of the median monthly household income in Utah.

Key takeaways

  • Utah residents have the lowest out-of-pocket healthcare spending.
  • Healthcare costs in Utah account for about five percent of median monthly household income.
  • Alaska has the highest out-of-pocket healthcare costs, which is double the rate of Utah.

Utah residents spend the least amount of money out-of-pocket on healthcare, according to a new study.

Data from WalletHub indicates that individuals in Utah spend about five percent of their median monthly household income on out-of-pocket healthcare costs.

The study highlights significant variations in healthcare spending across different states.

In Alaska, the out-of-pocket cost figure is double what is seen in Utah. Alaska was identified as having the highest out-of-pocket costs according to the report.

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