Page 24 - Synchrony US Hispanic Market Playbook

HEALTH

US Hispanics are 1.6 times more likely to contract COVID-19 than non-Hispanic
counterparts, 2.5 times more likely to be hospitalized from the virus and 2.1 times
more likely to die from it*.

As of 2017, 25% of the adult Hispanic and Latino population under 65 was uninsured
(versus 8% of the White population), so access to healthcare and financial-related
frustrations are prevalent among these Hispanics**.

*https://www.cdc.gov/coronavirus/2019-ncov/covid-data/investigations-discovery/hospitalization-death-by-race-ethnicity.html

**McKinsey Report: “US Hispanic and Latino lives and livelihoods in the recovery from COVID-19”. September 2020.

EMPLOYMENT

According to a study conducted by Pew Research Center in March 2021*:

 45% of Hispanics working in people-facing jobs have experienced a job or wage
loss since the start of the pandemic, versus 35% of those who work wholly or
mostly at home.

 62% have had trouble paying bills, gotten food from a food bank, experienced
problems paying their rent/mortgage, received governmental food assistance,
had trouble paying medical care, received unemployment benefits or lost health
insurance.

24