Grim News From AARP Health Insurance Survey
A recent survey conducted by AARP and reported in the Orlando Business Journal found the the downturn in the economy is taking it’s toll on the health of many Americans. It also points out a very important statistic that you really need to know: Since 1999, health insurance rates have increased 119%. This is amazing and it’s a statistic that you cannot ignore! Have you called us yet to let us show you how to reduce the high cost of health insurance?
Here’s the findings of the Survey:
One in five adults aged 45 and older are suffering health problems due to financial stress, according to a new survey by AARP.
20 percent of people aged 45 and older reported health problems due to financial stress
About 22 percent have delayed seeing a doctor due to cost
16 percent had to use retirement savings or other savings to pay for medical care
21 percent have cut back on other expenses in order to afford their medical care
One in six, 16 percent, are not confident they will be able to afford health care in the coming year
The survey also found health problems due to financial stress is having a greater affect on those between the ages of 45 to 64 than on those ages 65 and older.
Over the last five years, health insurance premiums for families have increased by 65 percent, according at AARP release. The average cost of health insurance for an American family now exceeds the yearly income of a minimum wage worker.
According to the Kaiser Family Foundation, insurance premiums have increased 119 percent from 1999 to 2008, while workers’ earnings have risen just 29 percent.