One-Third of Americans Cut Back to Cover Healthcare Expenses

One-Third of Americans Cut Back to Cover Healthcare Expenses

In a new West Health-Gallup poll of nearly 20,000 U.S. adults, roughly one-third of respondents — the equivalent of more than 82 million Americans — said they have made at least one trade-off with daily living expenses to afford healthcare.

A second survey found nearly 1 in 10 adults say they’ve postponed retirement because of health care costs. Others reported delaying a job change, buying a home or having a child.

What they’re saying: Timothy Lash, president of West Health, said almost every metric in its health care surveys has moved in “a negative direction.”

  • “This isn’t simply about health care spending,” he said. “It’s about financial stability for individuals and for communities.”

Go deeper: While the financial strain was most severe among people with low incomes and those without health insurance, a quarter of adults earning $90,000 to $120,000 a year said they made financial trade-offs to afford medical care, as did 11 percent of those earning $240,000 or more.

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Darryl Hicks

Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.