The New York Times is reporting that large U.S. health insurers are seeing record profits for the third year in a row, due in large part to Americans who are postponing or forgoing care.
As Americans remain wary of economic recovery, they have become more discerning about going to the doctor or scheduling needed health care.
“I am noticing my patients with insurance are more interested in costs,” said Dr. Jim King, a family practice physician in rural Tennessee. “Gas prices are going up, food prices are going up. They are deciding to put some of their health care off,” he said.
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