KFF Health Care Costs Poll: Economic Anxiety Impacts Spending

Here’s⁣ a breakdown of the key findings from ⁢the provided text, focusing on economic anxiety and healthcare affordability in the⁣ U.S.:

Overall Economic Anxiety:

* Rising Concerns: A majority (53%) of U.S.adults report it has been harder to earn a living as January, while only 4% say it’s been easier.
* ⁢ Disproportionate impact: ⁢ economic hardship is significantly higher among:
* LGBT adults (73%)
* Those with incomes under $40,000 (70%)
‍ * Young‍ adults (ages 18-29) (69%)
* Hispanic adults (66%)
* ⁤ Women (57% vs. 49%⁢ of men)

healthcare Affordability:

* Significant Issue: Nearly three ‍in ten adults (28%)⁣ report problems affording healthcare in the past year, a slight increase from previous ⁤years.
* Widespread Problem: Even those with higher incomes ($90,000+) are affected – 19% struggled with healthcare costs ⁢and⁤ 18% with prescription drug⁤ costs.
* Insurance Type Matters: Those with less secure coverage are more likely to ⁢struggle:
⁤ * Uninsured (68% report difficulty earning ⁣a living)
* ⁤ Medicaid (72% report difficulty earning a living)
⁢ * Self-purchased insurance (68% report difficulty earning a ⁣living)
* Compared to:

* ⁤ Employer-sponsored insurance (49% report difficulty earning a living)
* Medicare (27% report difficulty earning a living)

Financial Struggles Beyond healthcare:

* Many households are struggling with basic⁤ necessities:
* 37% had trouble affording food.
* 30% had trouble paying rent/mortgage.

In essence,the data shows that economic anxiety is widespread,and the rising cost of healthcare is a major contributing⁣ factor,impacting people across various demographics and income levels.