More Than 100 Million People in US Have Health Care Debt, Study Shows

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More than 100 million people in America ― including 41% of adults ― are beset by a health care system that is systematically pushing patients into debt on a mass scale.

Desiree Dantona said the debt has also made her sister hesitant to seek care to ensure her cancer remains in remission.

U.S. counties with the highest share of residents with multiple chronic conditions, such as diabetes and heart disease, also tend to have the most medical debt. That makes illness a stronger predictor of medical debt than either poverty or insurance. Halvorson cited the growth of high-deductible health insurance as a key driver of the debt crisis. “People are getting bankrupted when they get care,” he said, “even if they have insurance.”The Affordable Care Act bolstered financial protections for millions of Americans, not only increasing health coverage but also setting insurance standards that were supposed to limit how much patients must pay out of their own pockets..

From 2012 to 2016, prices for medical care surged 16%, almost four times the rate of overall inflation,For many Americans, the combination of high prices and high out-of-pocket costs almost inevitably means debt. The KFF poll found that 6 in 10 working-age adults with coverage have gone into debt getting care in the past five years, a rate only slightly lower than the uninsured.

 

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