Survey: Overwhelming number of Americans changing healthcare spending

Posted on: Thursday, June 23, 2011

Due to dissatisfaction with healthcare quality and the high cost of living, a new study is suggesting that many Americans may be putting their physical well-being on the back burner.

According to private professional services organization Deloitte Center for Health Solutions and its fourth annual survey of healthcare consumers, 75 percent of U.S. consumers say they have changed their spending on healthcare as a result of personal economic conditions, with 20 percent saying they are spending less than last year and 13 percent significantly so.

"A new trend has emerged this year suggesting that economic uncertainty has clearly altered spending habits with many consumers reporting an impact on their out-of-pocket healthcare expenses," said Paul Keckley, executive director at Deloitte. "Regardless of the type of healthcare system, government-run or private, consumers around the world are feeling the pinch."

The survey, which included 15,000 consumers from 12 different countries, also found that Americans often skipped seeing a doctor when they needed treatment and nearly 50 percent of them did so because they couldn't afford it.

While insurance agents may not be able to solve the country's healthcare crisis, they can impress upon their health insurance leads that having coverage is vital to their financial and physical well-being.

Posted In: Insurance News, Health Insurance

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