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