Credit & Debt Mortgage Auto Credit Cards Industry News Taxes Insurance Cash Advance
Home > Industry News > Healthcare prices 'severely affecting poor Utahns'
Healthcare prices 'severely affecting poor Utahns'
6/19/2008 5:14:20 PM
Bruce Parker

<alt/>
Low-income residents and families in Utah are being seriously hit by increasingly expensive healthcare and food prices, it has been claimed.

While the spiraling costs have had an impact on all, a survey of low-income Utah residents in April and May by the Crossroad Urban Center's Anti-Hunger Action Committee advocacy group showed that the poorest citizens are being forced into even deeper personal debt.

The survey found that 70 per cent had missed meals or gone to emergency food pantries in the last 12 months in order to pay for healthcare, while 71 per cent were avoiding medical treatment altogether, reports the Deseret News.

Pay day loans are becoming an increasingly popular solution, with over a quarter of Utah residents reporting using the loans to pay for medical bills.

Healthcare debt in the US is becoming commonplace, with two-thirds of patients who paid a ten per cent premium on their earnings still having to take on additional borrowing to cover medical costs, according to the Commonwealth Fund's Biennial Health Insurance Survey.ADNFCR-1683-ID-18613202-ADNFCR



-----------------------------------------------------------------------

Related Articles:
   03/03/2009   Mortgage payments a probl...
   02/27/2009   Latest economic figures o...
   03/05/2009   Economy invites talk of a...
   03/04/2009   With discipline, you can ...
   03/03/2009   Consumers not saving as m...
   03/02/2009   Consumer savings, expendi...
   02/27/2009   Economic troubles showing ...

News Archives
   March 2009

   February 2009
   January 2009
   December 2008
   November 2008
   October 2008
   September 2008
   August 2008
   July 2008
   June 2008

     

Home | Credit & Debt | Mortgage | Auto | Credit Cards | College Financing | Taxes | Insurance | Cash Advance
Industry News | Tips & Articles | About Us | Contact Us | Resources | Privacy Policy | Unsubscribe