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In a separate analysis, which included credit card bills resulting from medical procedures, KFF estimates that around 40% of American adults have some form of medical debt, or 100 million people.
To date, Undue Medical has worked to remove 14 billion dollars of medical debt. Helping nearly 9 million people in the process. Hand washing problems found during Knoxville restaurant inspection
Medical debt is consuming Americans, in fact, it is the number one cause of bankruptcy, because more than 60% of Americans deplete their savings due to some unexpected healthcare cost. [ 18 ] One thing that seemed to help the extreme debt caused by medical issues was Obamacare.
Nearly 6 in 10 (58%) of those who’ve had medical debt and make $100,000 or more a year say they’ve had debt go into collections, higher than any other income bracket. Conversely, 46% of those ...
Of the 75% that have incurred more medical debt since March 2020: 60% have done so because they, or someone in their household, experienced increased doctor’s visits due to potential COVID-19 ...
People talk about the sacrifices they made when healthcare forced them into debt.
Fortunately, this is a relatively easy problem to solve, and many other states have worked to eliminate or prevent medical debt. Some use state healthcare funds to cancel medical debt owed by ...
Medical debt is a major financial burden for millions of Americans, with amounts varying widely from state to state. Factors such as healthcare costs, insurance coverage, state policies, health ...