Money

Millions of Americans skip meals, stretch medication to afford health care

One-Third of Americans Struggling to Afford Healthcare Expenses

A recent poll conducted by the West Health-Gallup Center on Healthcare in America has revealed that one-third of Americans are cutting back on everyday living expenses in order to afford healthcare. This includes skipping meals and stretching prescription medications to make ends meet.

According to the research center, approximately 82 million Americans from various income brackets are reducing their spending on utilities, driving less to save on gas, and taking other measures to cover healthcare costs. Many individuals are resorting to borrowing money and cutting back on basic necessities to afford medical care.

The survey results come at a time when Americans are grappling with rising gasoline and energy costs, exacerbated by the ongoing conflict in Iran. This has added to the existing financial strain faced by many households, especially with the expiration of Affordable Care Act tax credits at the end of last year.

The situation is even more dire for individuals without health insurance, with over 60% of them making financial sacrifices to pay for healthcare. This includes borrowing money and making difficult choices like delaying retirement, postponing major life decisions, or putting off important purchases.

Overall, nearly 24 million Americans have had to postpone their retirements due to healthcare expenses, highlighting the significant impact of rising medical costs on people’s financial well-being. Many are also making sacrifices in other aspects of their lives, such as career advancements, homeownership, and family planning.

Editorial Note

This article was edited by Aimee Picchi.

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