Half Of Americans Put Off Medical And Dental Treatments Because They Can Not Afford Them

April 23, 2019

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A bleak report shows just how bad are medical expenses hurting our bank accounts. Almost half of all Americans say they've put off necessary medical or dental care because it is too expensive and they do not have enough money saved to cover it. Preventive measures and early treatment are the tried and true ways to avoid chronic disease and early death, but for many, that's just not financially possible. The irony is the strategy of delaying may not pay off in the long run. Delaying treatment increases the chances of winding up taking an emergency trip to the hospital or dentists, where the average emergency medical bill exceeds $12,000, according to the results of this study. While just under half of Americans (47%) said they didn't have any savings at the ready to cover unexpected medical or dental costs that number jumps to 62% among people over 50, who are at greater risk of health problems in general. The most common emergency procedure, according to this study, was actually a dental one, for a chipped tooth, accounting for 28% of all emergency health fixes, and lost teeth were the culprits of another quarter of emergencies. As for paying for it, even with insurance, half (49%) of respondents were required to pay half of the bill, meaning roughly $6,000 is expected before you are discharged. Paying off roughly $6,000 of medical or dental debt at around $200 a month, would take 29 months. While the shock of a preventative bill may be jaw-dropping, it may be better in the long run to take care it as soon as possible not only for your wallet but for your life.

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SOURCE: Daily Mail

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