Monday, November 29, 2021

More than 1 in 3 U.S. adults carry medical debt, survey finds

 Kate Dore, CFP® / CNBC / /Read Article


KEY POINTS

Medical debt is a growing burden among Americans, with more than 1 in 3 U.S. adults carrying a balance, according to a Healthcare.com survey.

Over 6 in 10 adults with overdue bills received care knowing it would rack up debt, and more than half of balances exceed $1,000.

However, fewer than half of patients are attempting to negotiate bills, the findings show.

Medical debt is a growing burden among Americans, with more than 1 in 3 U.S. adults carrying a balance, according to a 2021 Healthcare.com survey.

The findings also revealed that more than 6 in 10 adults with overdue bills received care knowing they couldn’t cover the costs, and more than half of balances exceed $1,000.

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