Medical debt is a growing problem for Americans. Approximately one-in-four adults struggle with health-care-related debt, with many filing for bankruptcy due to unpaid medical bills. Even those with stable finances and excellent insurance experience unexpected medical charges from emergency visits or hospital stays, setting them back financially.
Compounding medical debt can be debilitating as you strive to pay off hefty fines and incurred interest overtime. In fact, many suffer worsening physical and mental health due to stress and the inability to afford continued care. Fortunately, there are steps you can take to reduce and hopefully eliminate potential medical debt.