1-In-4 American Families Have Not Sought Medical Attention Due to Cost

By Newsroom America Staff at 8 Jun 2017

(Newsroom America) -- Over the past year, one-in-four American families have decided not to seek medical attention when they needed it because of the cost, according to a new study from Bankrate.com.

Older millennials, ages 27-36, were the most likely to say this (32%). To view the survey results go to:

http://www.bankrate.com/banking/savings/money-pulse-0617/

"It's very concerning that people are foregoing medical attention because of the expense," said Robin Saks Frankel, credit card analyst at Bankrate.com.

"Thirteen percent of respondents don't have any health insurance at all – a risk that could cost them. Unexpected medical bills can lead to a huge financial burden that could take years to pay off should something go wrong."

Affordable healthcare for everyone is something the U.S. government has been working to establish for some time now, but Americans are discouraged.

More than half of Americans (56%) are worried that they might not have affordable health insurance in the future. Generation X, ages 37-52, are most concerned (64%), followed by Baby Boomers (58%), Millennials (56%) and the Silent Generation (35%).

Although the Trump administration promises to bring a better healthcare option to U.S. citizens, Americans say they prefer the Affordable Care Act (introduced by the Obama administration in 2010) to the Republican alternative by a wide margin: 43% to 25%,overall. The results are similar across virtually all demographic groups, with the exception of political affiliation. Notably, Republicans (54%) favor the new legislation more than Democrats (10%) or Independents (26%).

Categories:
Tags:

[D] [Digg] [FB] [R] [SU] [Tweet] [G]

NEWSMAIL