Healthcare Spending Grows as Prescription Drug Use Tapers

The overall cost of health insurance and healthcare related expenses has grown signfically over the last decade. The Associated Press "...attributes the slowdown to consumers increasingly using 'generic drugs instead of brand-names to fill their medicine cabinets,' noting that use of generic drugs increased from 63 percent to 67 percent in 2007." With our current economic situation, consumers are looking to cut back on the medical expenses anyway possible. Most are switching their current coveage to higher deductibles and/ or using generic drugs instead of brandname.

Americans are nervious about the skyrocketing cost of healthcare and what the new adminstration can being to the table. There is a clear picture of the underlying problem Obama, and lawmakers "must resolve" because the "healthcare speading continues to escalate at a faster rate than the economy and than workers' wages. The question that is on the mind of all Americans now, is if the bailout money is going to be around when the issue of re-structure the healthcare industry. Call a Gizmo Health representative at 1-312-884-5150 or visit our website at www.Gizmohealth.com.