Bad News, Good News
In “More Adults Foregoing Medical Care, Health Insurance Due to Cost,” Becker’s Hospital Review highlights one of the tough choices the “recovery” is forcing many Americans to make.
More adults are foregoing medical care or health insurance because they can’t afford it, according to studies by the New York-based Commonwealth Fund and D.C.-based Families USA.
The studies, reported in American Medical News, found that the economic recession has driven patients out of physician offices. The Commonwealth Fund study found the number of uninsured adults rose over the last decade from 38 million to an estimated 52 million, representing 28 percent of the working-age population.
The good news, of course, is that it leaves them with more money to squander spend on dollar store trinkets, junk food, lottery tickets — and stocks.
More fodder for the bulls?