U.S. Seniors Pay Billions, yet Many Cannot Afford Healthcare


BY LANCE STEVENS AND LAWRENCE MALLORY
U.S. Seniors Pay Billions, yet Many Cannot Afford Healthcare

The “golden years” American seniors anticipate enjoying may require actual gold, or the dollar equivalent, to pay for rising healthcare costs; a recent study has revealed seniors face a concerning cost burden due to a healthcare system in the United States that spends almost double per person what any other developed nation in the world spends.

West Health and Gallup’s recent report, The U.S. Healthcare Cost Crisis, included the findings of a poll of more than 3,500 Americans about healthcare cost and value. The study discovered that seniors have great anxiety over healthcare costs, and for good reason: millions of seniors cannot afford care and are paying billions of dollars out-of-pocket for medication, although the vast majority have health insurance.

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