Almost sixty percent of Americans aged 60 and over are concerned that health care costs (56%) and 43 percent are concerned that prescription drug costs are outpacing retirement savings, according to a new NCOA/Ipsos survey. The national survey also finds that women are even more concerned than men about these costs and the potential impact on their family.
The National Council on Aging (NCOA) in partnership with Ipsos, a leading polling and data firm, released the results.
The survey of 1227 adults aged 60 and over conducted between May 29, 2019 and June 14, 2019 found the rising cost of health care and prescription drugs and losing their independence are the top concerns of older adults and a direct threat to a secure retirement:
NCOA is working with policymakers in Washington and partners across the country to help address these concerns head-on for a growing population of older adults across the country.
This survey is being released at NCOA’s Age+Action Conference, June 17-20 in Washington, DC. The conference is a premiere national convening focused on ensuring every person’s right to age with their best possible health and economic security. The event brings together 1,000 professionals from across the country who are dedicated to making aging well possible for all.
“Our recent NCOA/Ipsos survey of older Americans finds that most people 60 and older report being pretty happy with their current lives,” reports Annie Weber, Senior Vice President at the research company Ipsos. “That is despite majorities of this group reporting worry about their physical health and their health care costs exceeding their savings.”
These are findings from an Ipsos poll conducted May 29-June 14, 2019. For the survey, a sample of 1227 adults aged 60 and older from the continental U.S., Alaska, and Hawaii were interviewed online in English. The poll has a credibility interval plus or minus 3.2 percentage points.
The National Council on Aging (NCOA) is a trusted national leader working to ensure that every person can age well. NCOA is working to improve the lives of 10 million older adults by 2020. Learn more at ncoa.org and @NCOAging.