Loose Change

Households underestimate medical bills

2nd July, 2011

Half of Irish households grossly underestimate their routine medical spend, according to a new study.

Households are underestimating their outlay on visits to the GP and dentist, on prescriptions, consultations and treatments, by 27 per cent, while families with young children are miscalculating by almost a half (45 per cent). Less than 20 per cent of Irish households are budgeting for these costs.

These are some of the findings of a new study, conducted by Amárach Research on...

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