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Gallup Poll: Americans Continue to See Health Care as Top Financial Problem

Low-income families have greatest concern

According to a new Gallup survey, health care costs and the lack of money or low wages are the most important financial problems facing American families, each mentioned by 14% of U.S. adults.

Gallup has been asking Americans about the most important financial problem facing their families in an open-ended format for the past 10 years. This year, health care has returned to the top of the list for the first time since early 2010, when the Patient Protection and Affordable Care Act was signed into law. Still, Americans viewed it as an even bigger financial problem in 2007, when a range of 16% to 19% said it was most important.

The nation’s concern about health care costs varied across income groups. The topic was cited as a concern by 10% of Americans with an annual household income under $30,000; by 18% of those with an annual income of $30,000 to $74,999; and by 13% of those with an annual income of $75,000 or more. Perhaps not surprisingly, lower-income Americans named “lack of money/cash flow” and “not enough money to pay debts” as their top money woes.

“Americans have consistently cited health care, a topic of fierce debate this decade, as one of the most important financial problems, and it remains so,” Gallup concludes.

The results of the survey were based on telephone interviews conducted January 5–8, 2015, with a random sample of 804 adults, aged 18 years and older, living in all 50 U.S. states and the District of Columbia.

Source: Gallup; January 21, 2015.

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