Monday, September 22, 2008

Report: As economy tanks, consumers cut health spending

The Wall Street Journal reports that a study finds many are cutting back on health care as the economy sours.

Income strictures, combined with higher copays, are leading many to forego doctor's visits, testing and even how often they fill their prescriptions.

For the first time in at least a decade, year-over-year spending dropped -- in the second quarter by nearly 2%.

Read the full story here: "Consumers Cut Health Spending, As Economic Downturn Takes Toll".

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