42% of Americans struggle to pay for prescriptions, even with insurance, survey finds

Even with health insurance, 42 percent of Americans struggle to pay for their prescription medications, according to a new GoodRx survey.

For its online survey, the GoodRx research team asked 1,060 Americans about their ability to pay for prescription medications. Respondents were screened to include those who have taken one or more prescriptions over the last year for an ongoing condition.

Here are five survey findings:

1. One-third of respondents skipped filling a prescription at least once because of cost.

2. Thirty-six percent of respondents said the amount they pay for prescriptions increased in the last year. About 6 percent of respondents said their costs decreased.

3. To pay for prescription drugs, 19 percent of respondents have tapped into savings.

4. Due to the rising costs of medicine, 18 percent of respondents said they have had trouble paying for such necessities as food and housing.

5. Forty-two percent of respondents said they have found paying for medication somewhat or very difficult, even though 94 percent indicated they have health insurance.  

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars