Post by ashliy on Feb 12, 2022 13:22:50 GMT
Medical debt is the leading cause of bankruptcy, data shows: How to reduce your hospital bills
Unpaid medical bills are a costly burden that can leave a longstanding blemish on your credit history and send debt collectors to your doorstep. Medical bills can even be a potential roadblock for patients who become hesitant to seek care.
Nearly 1 in 5 Americans has medical debt in collections, meaning that millions of consumers were unable to pay for often necessary medical care. In fact, medical debt is the largest single cause of bankruptcy in America, according to the National Consumer Law Center (NCLC), and more than half of debtors have medical debt as a part of their bankruptcy filings.
www.foxbusiness.com/personal-finance/medical-debt-bankruptcy-hospital-bill-forgiveness
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This shouldn't be happening.
Unpaid medical bills are a costly burden that can leave a longstanding blemish on your credit history and send debt collectors to your doorstep. Medical bills can even be a potential roadblock for patients who become hesitant to seek care.
Nearly 1 in 5 Americans has medical debt in collections, meaning that millions of consumers were unable to pay for often necessary medical care. In fact, medical debt is the largest single cause of bankruptcy in America, according to the National Consumer Law Center (NCLC), and more than half of debtors have medical debt as a part of their bankruptcy filings.
www.foxbusiness.com/personal-finance/medical-debt-bankruptcy-hospital-bill-forgiveness
-
This shouldn't be happening.