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According to the Kaiser Family Foundation, one in 10 Americans around 23 million people carry medical debt, including 11 million who owe more than $2,000 and 3 million who owe more than $10,000. Research published in the medical journal JAMA states that about 18% wind up in collections because of it a figure that doesnt account for debt held on credit cards or owed directly to medical providers.
Those delinquencies end up on their credit reports, which makes it harder and more expensive to borrow money, hurts their prospects for employment and makes it harder to rent a home or apartment. In America, doctors bills are one of the leading causes of bankruptcy, but some states and municipalities have…
Read the full article at: https://www.gobankingrates.com/saving-money/health/debt-relief-states-erasing-millions-in-medical-bills-can-yours-be-wiped-out/