Young people are forgoing medical care because of cost. What does that mean for the future?
June 11th, 2012
..... A new report shows that millions of young adults are skipping necessary care because of rising health care costs.
The survey put out by Commonwealth Fund shows 41% of those between 19 and 29-years-old failed to get medical care because it's too expensive. When it comes to uninsured adults, that number jumps to 60%.
There a lot of implications to this - none of them good.
Young adults are not filling prescriptions, not getting recommended tests or treatments, avoiding doctor visits and not seeking specialist care they need.
Doctors say young adults often stop listening to medical advice once they hear how much treatment it will cost.
And those who actually do decide to get medical care wind up with loads of debt.
36% of young adults had problems paying off their medical bills - or paid the bills over time.
Some young people say they've used up all their savings to pay medical bills. Others have taken on credit card debt or have been unable to pay off student loans.
Still others say they've put off education or career plans because of medical money issues; or they say they haven't been able to pay for things like food or rent.
Experts say growing medical debt is in part due to "the tremendous cost shift" to patients because of high-deductibles, co-payments and co-insurance
Young people are forgoing medical care because of cost. What does that mean for the future? – Cafferty File - CNN.com Blogs