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Friday, April 5th, 2019

Americans Fear Personal and National Healthcare Cost Crisis

Author:     MIKE ELLRICH AND LANCE STEVENS
Source:     The Gallup Organization
Publication Date:     APRIL 2, 2019
 Link: Americans Fear Personal and National Healthcare Cost Crisis
Stephan:   The American illness profit system has no interest in the wellbeing of the men, women, and children of America. Illness is more profitable and profit is the only thing that matters to this inhuman system. Americans know this, as this Gallup survey attests. But, because almost two-thirds of Americans have never been outside the borders of the United States, they think this is normal, and have no idea what it is like to live in a country with real healthcare.

Recent research by West Health and Gallup discovered that American adults fear a major health event could lead to bankruptcy, that the U.S. economy is in significant danger and that the U.S. government is ill-equipped to address rising healthcare costs in a significant way. The study findings are based on a nationally representative survey of more than 3,500 randomly selected U.S. adults.

Americans Report Great Angst Over Healthcare Costs

The study revealed more than 3 in 4 Americans believe they pay ‘too much’ for healthcare relative to the quality of care they receive. Furthermore, 45% of the American public is concerned that a major health event could result in personal bankruptcy. Surprisingly, this concern remains relevant for Americans in the top 10% of earners. Of Americans who reported earning more than $180,000 a year, 1 in 3 were “concerned” or “extremely concerned” that a major health event could result in personal bankruptcy.

45% of American adults fear a major health event will leave them bankrupt

But the anxiety induced by healthcare costs goes beyond worry over personal finances. Three quarters of […]

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1 Comment

  1. Rev. Dean on Monday, April 8, 2019 at 6:05 pm

    This month my wife’s insulin went up in price by over 300%. I’m not kidding. They’re trying to kill off us old people with the high cost of prescriptions, and the ridiculous cost of part D which we have to pay from the over 11% of our social security which it costs us to be on Medicare. Our heart specialist di not even know we had to pay so much for Medicare even after we are retired on “Social Security”. We do not feel secure at all in this society!