Americans borrowed a staggering $88 billion in the past year to pay for health care, a new survey finds
About 1 in 8 had to resort to borrowing to afford care in the previous year, according to a West Health-Gallup survey released Tuesday. Also, 65 million adults say they had a health issue but didn't seek treatment due to cost. Nearly a quarter had to cut back on spending to pay for health care or medicine.
But most of these efforts are on the margins, experts say.Americans are not that hopeful, either. More than three-quarters expect their costs to increase even more in the next two years, the survey found. And more than two-thirds of Democrats and Republicans are not confident that elected officials will be able to achieve bipartisan legislation to reduce costs. Many of their experiences and concerns cut across party lines.
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