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Tuesday, October 21, 2008

Americans postponing medical treatment during financial crisis


The economic crunch is leading many Americans to cut back on medical care and opt for home remedies. A survey by the Rockefeller Foundation and Time magazine found that the number of people who went without prescriptions, used retirement savings to pay for health care, or skipped doctor visits for themselves or children has risen since last year. Layoffs, shrinking bank accounts, rising medical prices and widespread economic anxiety have prompted people to split pills, skip screening tests, and delay elective procedures. Even people with insurance are skipping medical exams fearing doctors will discover a condition they cannot afford to treat.

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