1 in 3 Americans with health insurance have medical debt, survey finds
Summary
A new report shows that one in three Americans with health insurance have medical debt they are paying off. Many people owe money from hospital visits and routine medical care, and some struggle to pay these debts without cutting back on basic needs.Key Facts
- About 33% of insured Americans have medical debt.
- Hospital visits cause most of the medical debt.
- Nearly half of those with medical debt owe $2,000 or more.
- To pay medical bills, 37% used their savings.
- 30% cut back on essentials like food, heat, or rent to pay medical debt.
- 30% delayed or skipped medical care because of cost.
- Medical debt can be hard to pay, especially for low-income families with tight budgets.
- People with medical debt are advised to check their bills for errors and negotiate payment plans when possible.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
