Although many factors have been out of people's control this year, it's evident that Americans are thinking about how their medications will factor into overall health-care costs.
Health care is top of mind for most Americans this year, and six in 10 say they are financially prepared for an expected increase in costs in 2021. RxSaver recently surveyed consumers about health-care costs, and this is what they found.
Costs vary by age and geography. Medication costs have affected the population differently, depending on age and location. Twenty-three percent of Millennials and 22% of Gen Xers reported more changes to their prescription medication costs this year, while only 12% of Boomers experienced any changes at all. Government programs such as Medicare and Medicaid account for coverage that 42% of the population relies on, with the majority made up of Boomers enrolled in Medicare.
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