The Unfortunate Reason People Lie To Their Doctors

One of the worst symptoms of struggling financially may be the impact it has on health care decisions—or lack thereof.

Low-income individuals don’t always tell their doctors the truth about their financial hardships, or that they’re choosing to pay for their food and rent over medications and other health care, according to a recent report from University of Texas’s Southwestern Center for Patient-Centered Outcomes Research.

As a result, their doctors think they’re simply failing to follow instructions. “This financial strain can cause non-adherence to physician recommendations that appear to reflect a patient’s lack of engagement in care,” said Oanh Nguyen, lead author of the report. “However, this ‘nonadherence’ is actually the result of rational and difficult trade-offs to cope with financial strain.”

The researchers conducted 12 focus groups with people primarily in their 40s and 50s at Crossroads Community Services, a Dallas-based nonprofit organization that offers food assistance and other support to low-income families. Their next steps will be to find ways physicians can recognize the financial strains their patients are facing, and make medical recommendations accordingly.

See: 5 ways to lower health care costs in the U.S.

One in four Americans has refused medical care because of the cost, a 2017 study from Bankrate.com found. A third of older millennials (aged between 27 and 36) were more likely to turn down care because they couldn’t afford it. Health insurance plays a role in this: More than half of Americans are worried they won’t be able to afford health insurance in the future. Generation Xers, people between 37 and 52, were most concerned (64%), followed by baby boomers (58%).

Solutions to this problem include doctors and patients having more open discussions about the cost of medicines, and finding one that the patient can afford. There may be some medications patients can skip altogether, Nguyen added. And that responsibility lies with the doctor as well as the patient.

Doctors don’t always know what to say about financial struggles or medical care affordability, another report published in the journal Health Affairs in 2016. found. Researchers from Duke University reviewed transcripts of 2,000 physician-patient conversations, in which case some patients brought up affordability, and found doctors dismissed those concerns, by either not acknowledging them completely or not addressing them completely.

Also see: Health care will cost $280,000 in retirement — and that doesn’t include this huge expense

People tend to wait for some financial windfall before they visit the doctor. Health care was the top expenditure for the first 100 days after people received tax refund payments, according to a recent J.P. Morgan Chase Institute report, especially among cash-strapped families. Out-of-pocket medical expenses on debit cards increased 83% after a tax refund check arrived, with no real change to credit-card spending.

RECENT NEWS

The Penny Drops: Understanding The Complex World Of Small Stock Machinations

Micro-cap stocks, often overlooked by mainstream investors, have recently garnered significant attention due to rising c... Read more

Current Economic Indicators And Consumer Behavior

Consumer spending is a crucial driver of economic growth, accounting for a significant portion of the US GDP. Recently, ... Read more

Skepticism Surrounds Trump's Dollar Devaluation Proposal

Investors and analysts remain skeptical of former President Trump's dollar devaluation plan, citing tax cuts and tariffs... Read more

Financial Markets In Flux After Biden's Exit From Presidential Race

Re-evaluation of ‘Trump trades’ leads to market volatility and strategic shifts.The unexpected withdrawal of Joe Bid... Read more

British Pound Poised For Continued Gains As Wall Street Banks Increase Bets

The British pound is poised for continued gains, with Wall Street banks increasing their bets on sterling's strength. Th... Read more

China's PBoC Cuts Short-Term Rates To Stimulate Economy

In a move to support economic growth, the People's Bank of China (PBoC) has cut its main short-term policy rate for the ... Read more