Plantation, FL 33324 (January 31, 2017)
It is only a month into the New Year and for many, self-improvement resolutions are already a distant memory. Although common resolutions focus on making better decisions about spending, health and fitness, budget constraints can derail even the best efforts.
According to a Federal Reserve Report, the typical major unexpected medical expense results in an out-of-pocket cost of between $1,200-$2,782. Many American adults are "ill-prepared for modest financial shocks," and 46 percent of those who reported experiencing a major out-of-pocket medical expense will have debt or unpaid balances related to these medical expenses a full year after the event occurred.
The report also noted that dental care is the type of healthcare that people are most likely to skip for budgetary reasons.
"A large portion of the population goes without preventive dental care because they can't afford it," said Bill Chase, vice president of marketing for :DentalPlans. "Gum infections and tooth decay, the latter being the world's most prevalent chronic disease, have been linked to serious health conditions like cardiac disease, rheumatoid arthritis, pregnancy complications, etc."
Tips to reduce the cost of dental care:
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