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Medical Debt in America
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Medical Debt in America

Source: Kaiser Family Foundation/New York Times Published: January 2016 n = 2,575 respondents ages 18–64

Danny Sheridan
Jan 23, 2020
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Medical Debt in America
www.factoftheday1.com

Source: Kaiser Family Foundation/New York Times
Published: January 2016
n = 2,575 respondents ages 18–64

Medical Debt in America

Circulated: October 22, 2019

Medical debt is a growing problem, with many Americans experiencing financial instability and even bankruptcy.

  • 32% have postponed getting medical care they need because of the cost.

  • 34% say their doctor never explains the costs of procedures to them.

  • 69% of those who tried to shop around called the experience difficult.

Among those with medical bill problems:

  • 44% say those problems had a major impact on their family.

  • 37% say they borrowed money from friends or family.

  • 34% say they increased their credit card debt.

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