Adults skipping medical care to save money

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by Jane King / Bloomberg

Bloomberg

Posted on April 9, 2013 at 6:38 AM

Updated Tuesday, Apr 9 at 7:28 AM

Do you skip taking medicine to save money? A new study says adults under 65 are twice as likely to avoid prescribed meds to save cash. The Centers for Disease Control also says almost 20 percent of patients of all ages have asked their doctor for lower-cost treatments.

People may soon be even more desperate to save on drugs. The Kaiser Family Foundation forecasts the cost could rise 6 percent a year starting in 2015.

Meantime cars are getting more expensive, but it may be getting easier to pay for them! Auto makers are now offering loans with repayment terms as long as eight years. Experian says 17 percent of all new car loans in the past quarter were between six and seven years long.

Investors Tuesday morning are looking at stronger-than-expected quarterly results from Alcoa, and a report will be out Tuesday on job openings.

Speculation mounting about the future of troubled retailer JC Penney after it gave CEO Ron Johnson the boot, following a disastrous turnaround effort.

Do you long to be back in the days of Ronald Reagan, the Moonwalk and Pacman? A new survey by Kelton Research says 75 percent of Americans believe the country was better off in the 80s than now. USA Today also says even so, people are glad the days of shoulder pads, parachute pants and fanny packs are behind them.

 

 

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