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Medical Bills Burden 72 Million Americans, a 34 Percent Rise in Two Years

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-20-08 09:30 AM
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Medical Bills Burden 72 Million Americans, a 34 Percent Rise in Two Years
from Bloomberg:



Medical Bills Burden 72 Million Working-Age Adults in U.S.

By Aliza Marcus

Aug. 20 (Bloomberg) -- Medical bills were cited as a burden by 41 percent of working-age Americans in a survey, up from 34 percent two years earlier.

An estimated 72 million adults under age 65 have difficulty paying their medical bills or are paying off debt from health- care expenses, based on the survey, taken last year and released today by the Commonwealth Fund, a health-policy center in New York. Sixty-one percent of those struggling said they had health insurance.

Health-care costs have been rising at about double the rate of inflation and faster than wages. That's making it increasingly difficult for those without insurance to pay their bills and for those with coverage to afford co-payments, deductibles and gaps in coverage, said Commonwealth Fund officials on a conference call yesterday with reporters.

``The survey showed that our health system is falling short of where it should be,'' said Karen Davis, Commonwealth's president, during the call. ``This highlights the need for the new administration to make health-care reform a priority.''

The survey of 3,501 adults was conducted from June 6 through October 24, 2007, and the results were compared with a similar study two years earlier.

Based on the newer survey, 28 million Americans used all their savings on medical expenses, 21 million built up substantial credit-card debt and 21 million couldn't pay for basics such as food, heat or rent.

``Working people are struggling to pay their bills and accruing medical debt,'' said Sara Collins, the fund's assistant vice president, in a statement.

The medical patchwork in the U.S. of private insurance backed up by limited government care leaves people vulnerable, Davis said. .......(more)

The complete piece is at: http://www.bloomberg.com/apps/news?pid=20601124&sid=abot1XN3T0J0&refer=home




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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-20-08 09:44 AM
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1. Most of the 41% working-age Americans burdened by medical expense are still under the illusion
that they have a better standard of living than most of those in other industrialized nations with some form of universal health care. Just another big lie propagated by the propagandists who tell lies, damned lies, and god-damned lies with their licentious statistics. :P
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Mr_shredder Donating Member (8 posts) Send PM | Profile | Ignore Wed Aug-20-08 10:02 AM
Response to Reply #1
2. Agreed
Even after the employer pays their part we pay about 475.00 a month and I still can't afford to go to the doctor. There has to be a better way. Insurance should be to protect your investments and protect against liability. Not as a method of health care.
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