Consumers can reduce hidden healthcare costs by purchasing cheap medication from Canada
Buying cheap medication from Canada may be a good way for consumers to save money on prescription drugs, which are among a set of hidden healthcare costs that were recently identified by the Deloitte Center for Financial Services.
Buying cheap medication from Canada may be a good way for consumers to save money on prescription drugs, which are among a set of hidden healthcare costs that were recently identified by the Deloitte Center for Financial Services. Along with doctors' fees, hospital expenses and insurance coverage, the price of these medications contributed to the $363 billion that were not included in the National Health Expenditure Accounts data.
According to the report, these expenses have significantly decreased consumers' discretionary spending power.
"The ability of the U.S. economy to recover will be affected in part by how much consumers have in their pockets to spend," explained Andrew Freeman, executive director of Deloitte. "The more spent on health, the less [there] is available to boost other sectors, including financial services."
The study found that in 2009, the country spent about $2.83 billion on healthcare. An estimated 80 percent of the total costs of supervisory care - or services provided by unpaid friends and relatives - were paid by those with family incomes of less than $50,000.
Americans who are looking to cut back on healthcare costs may be able to do so by purchasing drugs from a Canadian online pharmacy. These resources often provide significant discounts on medications.
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