Report: Bidenflation Causing Major Decline In American Healthcare

By Emanuel Eisen | Monday, 08 August 2022 12:00 PM
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With every product getting costlier, Americans are cutting corners in their lives by potentially cutting their life span, according to a Gallup poll conducted for a healthcare advocacy group.

An estimated 98 million Americans have put off healthcare as they struggle to acquire food, gas, energy, and other basic items, West Health found.


The number comes from the 38% of American adults who have either borrowed money to pay for healthcare or had to postpone or skip treatment.

Those compelled to sacrifice healthcare to afford basic things – driving, utilities, and food – were disproportionately among lower-income households. More than half of those making less than $48,000 a year had to cut healthcare spending, while even 20% of those making more than $180,000 were forced to cut back, too, according to the poll.

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"People have been making tradeoffs to pay for healthcare for years," West Health President Timothy Lash wrote in a statement. "Inflation has only made things worse as people are also now struggling with the high price of gas, food, and electricity."

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“However, unlike those expenses, Congress has the power right now to reduce healthcare prices, particularly for prescription drugs. Legislation is on the table.”

As the inflation rate was 9.1% in June at the time of the poll, healthcare inflation was at half that at 4.5%, and most Americans were oblivious to the mounting cost. Just 3% of adults assumed inflation was going to raise the cost of their healthcare in the next six months, according to the poll.

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It was gas (43%) and food (34%) that were far more notable to consumers.

However, 39% said they are "extremely concerned" or at least "concerned" about being incapable of paying for healthcare in the next six months, including 33% of Democrats, 44% of Republicans, and 42% of independents.

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"Inflation is hollowing out consumer spending habits across an array of areas," Gallup pollster Dan Witters wrote in a statement. "What is found just under the surface is that after gas and groceries, the role of inflation in reducing the pursuit of needed care is large and significant. And the rising cost of care itself, which is originating from an already elevated level, is having an outsized impact on lessening other forms of spending, compounding the problem."

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The Gallup poll was administered for West Health between June 2-16 among 3,001 adults living in all 50 U.S. states and the District of Columbia. The margin of sampling error varied from 2.2 percentage points to plus or minus 4 percentage points for subgroups.

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