"About 82 million Americans across low-, middle- and high-income brackets say they are spending less on utilities, driving less to save on gas and taking other steps to afford health care, according to the research center. They also report borrowing money and cutting back on utilities to afford medical care."
"Nearly one in 10 adults, or roughly 24 million people, say health costs have forced them to postpone their retirements. Americans are also making other sacrifices, such as delaying a job change, putting off buying a new home or postponing growing their family."
"Budget cutting was even more common among Americans without health insurance, with more than 60% saying they made at least one financial sacrifice, such as borrowing money, to pay for health care, according to the research."
Approximately 82 million Americans across all income levels are making significant financial sacrifices to afford healthcare. These sacrifices include reducing spending on utilities, driving less, skipping meals, and borrowing money. The affordability crisis is intensifying due to rising gasoline and energy costs, combined with the expiration of Affordable Care Act tax credits. Uninsured Americans face even greater hardship, with over 60% reporting financial sacrifices. Beyond daily expenses, roughly 24 million adults have postponed retirement due to healthcare costs, while others delay major life decisions including job changes, home purchases, and family planning.
#healthcare-affordability-crisis #financial-hardship #medical-expenses #insurance-coverage #economic-impact
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