One in four Americans is skipping medical treatment because of worry about cost
One in four Americans chose not to receive treatment for a health issue over the last year due to its high cost, according to a new survey released by Gallup and West Health, a health care nonprofit.
The findings, released Tuesday, display the personal and financial impacts caused by the rising cost of health care in the United States. Tens of millions of Americans are borrowing money to afford health care and cutting out other household expenses. And Americans share a concern over the rising cost of health care and how it will impact their finances and the U.S. economy.
Health care spending in the U.S. rose to $3.5 trillion in 2017 — a 3.9% jump from 2016. In 2017, the U.S. spent more than $10,700 on health care per person. The U.S.’s health spending per capita far exceeds those of other countries, according to data from the Organization for Economic Co-operation and Development.
Americans are collectively concerned about the impact of the rising cost of health care. Seventy-seven percent worry it will “cause significant and lasting damage to the economy.”
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