Engage Mutual Reveals Health Care Cost Constraints

The declining economic environment could see Britons develop problems with more than just their financial wellbeing.

Such is the assertion of Engage Mutual, where as a part of its 3GB campaign, it was revealed that a significant number of people are struggling to afford the cost of various health treatments, such as eye checks, prescriptions and dental work. Research from the firm showed that those with young children are particularly developing problems with managing such costs. Some 70 per cent of households under the age of 16 believe the expense of health treatment has become unaffordable following recent increases in the cost of living. Of such respondents, about one in four (24 per cent) state to be struggling with the cost of medical prescriptions, with 41 per cent claiming to be unable to afford dental check-ups.

Overall, 43 per cent of adults state that they no longer feel able to afford the cost of dental checks as living expenses rise, with the same proportion of people said to be unable to pay for new glasses. Meanwhile, one in five claim meeting the cost of prescription charges is beyond them. Engage Mutual also revealed health supplements and eye check-ups are unaffordable for 23 and 16 per cent of people respectively.

And in facing problems with managing their money, it may be possible that households find that their capacity to keep up with various financial commitments come under strain. Such areas could include personal loans, credit and store cards, utility bills and mortgage repayments.

Older people were also indicated as having difficulties with healthcare costs. Just under two-thirds (63 per cent) of the over-55s state to not have enough money to meet at least one area of health-related spending, with 43 per cent of these admitting to being unable to afford a new pair of glasses.

Research from the firm also showed problems with managing medical expenses could be most keenly felt by those living in the north of the country, with more than half of people in Yorkshire indicated to be unable to meet some health costs. Meanwhile, 49 per cent of those from the north-east cannot afford to make regular visits to the dentist, with 48 per cent of Lancashire residents finding the cost of new glasses to be a bridge too far.

Commenting on the research, Karl Elliott, 3GB spokesperson for Engage Mutual, said: “With the cost of living on the rise, our research shows a shocking number of people struggling to pay for some quite basic family healthcare necessities.”

Those looking for a way in which to supplement their spending over the coming months might find that applying for a cheap loan is of assistance. In taking out this kind of loan, borrowers could be able to meet various spending commitments, whether this is the cost of medical treatment or outstanding bills, quickly and effectively. The monetary assistance afforded by this kind of loan could be helpful for those who have recently lost their job after British Insurance pointed that it is important that those who suddenly lose their income make sure that they are in a position to keep up with numerous financial constraints they face.

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