One in five young people resort to installment payments for healthcare expenses

In order to have access to specialist care, veterinary visits and medical devices, one young person in five (20%) uses installment payment services. Almost triple what was reported by over 54s (8%). This was indicated by a survey conducted by the Piepoli Institute for the installment payments specialist Alma on a representative sample of a thousand Italians. In particular, the study compares the habits of members of Gen Z (born between 1997 and 2012) and those of older generations on the topic of health.

Thanks to the increase in the cost of living, almost seven out of ten young people who opt to pay in installments say they do so to cope with the price increases without losing control of their resources. 42% of under 35s also say they resort to deferral with caution to maintain their level of consumption while 27% to purchase what they would otherwise put off. “A procedure at the dentist, the purchase of a new pair of glasses, the care for your pet can weigh heavily and unexpectedly on your finances - comments Riccardo Schiavotto, general manager of Alma Italia - The data show us how 'Buy now, pay later' is increasingly used by Italians with a responsible approach: not so much for impulse purchases or daily expenses but to access, when needed, quality goods and services, including those for one's health”.