Americans resorting to alternative methods to avoid rising health costs

Posted on: Friday, June 15, 2012

Agents will likely continue to see a steady rise in insurance leads, as a new report indicates that many Americans are having trouble paying for their medical expenses.

More than one in four consumers says they or a close family member of theirs has had problems paying for medical bills within the past 12 months, according to a May Health Tracking Poll conducted by the Kaiser Family Foundation. So much so, that nearly 60 percent report having put off or skipped a visit to the doctor despite needing medical care. As an alternative, 38 percent said they resorted to using home remedies or over-the-counter medications to address their health issues.

Other means by which Americans have addressed their health needs without increasing their costs included cutting their prescription pills in half, dosing less frequently and not filling a prescription when it runs out.

The report notes that the Patient Protection and Affordable Care Act may prove to be a solution to these issues, but that won't be known for sure until 2014, when the law is scheduled to go into effect.

Posted In: Insurance News, Health Insurance

Enjoy this post? Share it with others.
  • Share on Digg
  • Share on Facebook
  • Bookmark on Google
  • Share on LinkedIn
  • Share on Reddit
  • Share on Twitter