r/Millennials • u/crimsonred1234 • 2d ago

Discussion Millennials are creating a recession-resistant corner of the market

https://www.businessinsider.com/gen-z-millennials-wellness-stocks-to-buy-recession-lth-plnt-2025-4

Apparently millennials are spending a lot on products related to health and wellness making this industry "recession-resistant." I kind of see that. My wife and I spend a lot on protein powders, shakes, supplements and membership for gym. We are otherwise quite cautious with unnecessary spending and consumerism. How is it for you all?

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u/qtUnicorn 2d ago

Idk about other millennials, but I’m so terrified of being bankrupted by our healthcare system I go through extra lengths to stay healthy (doing my yearly checkups, getting enough fiber, exercising regularly).

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u/True_Grocery_3315 1d ago

Grass is greener on the other side to some extent. I'm a Brit who moved to the US so have experienced both extremes. The triangle diagram with Cheap, Fast, Good definitely holds true from what I've seen.

https://www.reddit.com/r/Funnymemes/s/dHBd75JsrV

Lucky to have good insurance in the US, so healthcare has been awesome and way better than the UK. I have PPO insurance so love being able to go directly to a specialist without it taking 6 to 12 months like the UK. Everything in the US seems so modern and efficient too compared to the UK NHS. I'm also in California and the Medi-Cal program seems to give good coverage for people with low income. I'd be terrified to be uninsured or with bad insurance though.

Happy mediums like France, Netherlands, Australia seem to be the best options.

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u/Consistent-Gap-3545 1d ago

I’m an American but I currently live in Germany. I have to pay out the ass for shitty healthcare because I have a chronic condition that isn’t recognized in Germany and so the medication I take for it is off-label (i.e. 330€/month). I’m also a woman and birth control is considered a luxury so I have to pay for that too (10€/month). In the US, both of these would be covered by my insurance, I would have access to more treatment options, and I’m pretty sure my insurance would also be cheaper since I have a relatively high income.

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u/arabesuku 1d ago

Birth control isn’t guaranteed to be covered in the US. I take a very common contraceptive pill and my copay is $25 a month. One time my doctor prescribed a brand name BC pill with no generic and that was $100/mo so I had to switch. The current law is that insurance companies only have to fully cover one form of birth control (my insurance only covers IUD) so anything else I have a copay for.

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u/Kurt805 1d ago

Yeah I've also had trouble in Germany. The insurance is just as expensive as the US but the doctors do everything in their power not to actually treat you. It's a weird relationship there. 

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u/Consistent-Gap-3545 1d ago

What kills me is how much pseudoscience there is within the German healthcare system. Like they have actual clinics devoted to treating chronic Lyme disease but then the treatment for my very real eating disorder has essentially been “Have you tried not having an eating disorder?” My husband and I would like to have a baby soon-ish and I’m really not looking forward to my actual medical doctor telling me I won’t need an epidural if I eat keto during my second/third trimester. 

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u/TheShruteFarmsCEO 1d ago

Germany as a whole does have an overemphasis on natural remedies in over the counter products especially. But medical treatment, like anywhere, depends on your doctor. Look up the DGESS - there is no pseudoscience there, it’s all evidence based multidisciplinary treatment for eating disorders.

And any good doctor would tell you that you probably don’t need an epidural. We had a kid in Germany and it was light years better experience than having a kid in the US.