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Healthcare costs associated with aging out of reach for many Americans

Rising inflation and aging-related expenses are forcing a significant portion of Americans to skip or delay essential medical care.

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5320Jul 19 15:29Jul 20 05:29 UTC

The brief

A growing number of Americans are unable to afford healthcare associated with aging. According to coverage from Morningstar, BenefitsPRO, and Chain Drug Review, inflation is driving patients to delay doctor visits, cut medication, or skip treatment entirely.

Reporting from CBS News and Yahoo emphasizes that these costs are becoming out of reach for many aging citizens. Data highlighted by Morningstar indicates 42% of Americans skipped or delayed care in the past year, while a KSL.com poll found a similar trend among Utahns, where 4 in 10 reported skipping treatment due to cost.

Future focus remains on whether government programs such as Social Security and Medicaid provide sufficient support for those needing assisted living without personal savings, as noted in coverage from Yahoo Finance.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 38m ago.

Quick answers

What percentage of Americans have delayed medical care due to inflation?

According to a mid-year survey from Morningstar, 42% of Americans have skipped or delayed medical care in the past year.

How has the situation affected residents of Utah?

A poll from KSL.com indicates that 4 in 10 Utahns have delayed a doctor visit, cut medication, or skipped treatment due to cost.

Which specific aging-related care is mentioned as a financial concern?

Yahoo Finance coverage specifically mentions the challenge of securing assisted living for those without savings.

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