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.