25% less have private insurance
In this Forbes article you'll learn about:
- In 2019, the U.S. Census estimated there were 60.5 million Hispanics or Latinos living in the United States - 9.3% of Hispanic kids without insurance compared to 4.4% non-Latino children.
- Only 50.1% of Hispanics had private insurance as compared to 75% of white Americans. The average Hispanic customer has a median age of 28, which is younger than the general population.
- 50% of Hispanics are more likely to stick with their chosen brand compared to 37% of overall Americans. Insurance companies need to provide material and support in Spanish if they want to interact with this market effectively.