Sunday, September 30, 2012
Big Pharma's profiteering has reached the breaking point: 45 percent of Americans can no longer afford prescriptions
Based on a poll that included 1,158 adults over the age of 18, CRNRC found that 62 percent of Americans under the age of 65 avoided getting recommended medical tests in 2012 because of high costs, while just over half avoided getting a recommended medical procedure. In total, more than 80 percent of those polled indicated that they skipped either a medically-related procedure, medical test, doctor visit, or prescription because of the expense.
The number of adult patients under the age of 65 who skipped a doctor visit because they could not afford it jumped 16 percent last year, while the number who avoided a prescription jumped 19 percent. These same individuals cut various other things out of their lives as well, according to the report, including leisure activities, dining out, and entertainment.
According to the data, 28 percent of adults under the age of 65 with prescription drug benefits said they have cut back on entertainment and dining out because of financial difficulties. And 58 percent of those without benefits, or more than twice the number of those with benefits, indicated a reduction in these activities. Similar cut-backs were also observed among both groups for increased credit card use and a reduction in the amount of groceries purchased.
A similar survey conducted by the Henry J. Kaiser Family Foundation back in June found that roughly 60 percent of Americans avoided the doctor, eliminated or modified the doses of their prescriptions, avoided diagnostic tests, or otherwise altered their normal healthcare regimen to save money. The average cost of health care for a family of four with an employer-sponsored insurance plan also topped $20,000 for the first time ever this year.
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