Healthcare costs associated with aging out of reach for many Americans
Rising inflation is driving a significant portion of Americans to skip or delay essential medical care and aging services.
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The brief
Many aging Americans are finding healthcare costs increasingly unaffordable. Inflation is forcing individuals to skip treatments, cut medications, or delay doctor visits to manage expenses.
Coverage from Morningstar indicates that 42% of Americans have skipped or delayed medical care in the past year due to inflation, while BenefitsPRO reports a similar figure of 4 in 10. Localized data from KSL.com shows 4 in 10 Utahns have taken similar measures.
CBS News and Yahoo emphasize the specific struggle of aging populations to afford care. Future focus remains on whether Social Security and Medicaid provide sufficient support for those requiring assisted living without personal savings, as highlighted by Yahoo Finance.
Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated just now.
Quick answers
What percentage of Americans have delayed medical care due to inflation?
According to a Morningstar mid-year survey, 42% of Americans have skipped or delayed medical care in the past year.
How are residents of Utah affected by healthcare costs?
A poll reported by KSL.com found that 4 in 10 Utahns have delayed doctor visits, cut medication, or skipped treatment due to cost.
Which specific aging care concern was raised in the coverage?
Yahoo Finance raised questions regarding whether Medicaid and Social Security are sufficient for individuals needing assisted living who lack savings.
Coverage (7)
- Survey: Inflation has led people to skip or delay medical care Chain Drug Review · 1d ago
- My mom has no savings, but needs assisted living. Are Social Security and Medicaid enough? Yahoo Finance · 1d ago
- Poll: 4 in 10 Utahns have skipped treatment, cut medication or delayed a doctor visit due to cost KSL.com · 1d ago
- Mid-Year Survey: 42% of Americans Have Skipped or Delayed Medical Care in the Past Year Due to Inflation Morningstar · 1d ago
- Costs put healthcare out of reach for many aging Americans Yahoo · 1d ago
- Inflation forces 4 in 10 Americans to skip, delay medical care BenefitsPRO · 1d ago
- Healthcare costs associated with aging out of reach for many Americans CBS News · 1d ago
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