Nearly One-Third of US Workers Have Medical Debt, Survey Says
- 4 years ago
Nearly One-Third of US Workers
Have Medical Debt, Survey Says The survey comes from Salary Finance
and had over 2,700 participants. Of the 32 percent who claim
debt, over a quarter of them
owe $10,000 in medical bills. 54 percent of those in debt say they
have also defaulted on bills. 45 percent in the survey even say that just thinking about costs is giving them stress. Salary Finance U.S. CEO
Dan Macklin, via CNBC On average, the Bureau of Labor Statistics says
Americans spend $5,000 per year on out-of-pocket costs. Back in 1984, they used up
half of that amount. The bureau's Consumer Price Index also reveals that
medical care costs jumped 4.6 percent from 2018 to 2019. This was the biggest yearly
increase in over a decade.
Have Medical Debt, Survey Says The survey comes from Salary Finance
and had over 2,700 participants. Of the 32 percent who claim
debt, over a quarter of them
owe $10,000 in medical bills. 54 percent of those in debt say they
have also defaulted on bills. 45 percent in the survey even say that just thinking about costs is giving them stress. Salary Finance U.S. CEO
Dan Macklin, via CNBC On average, the Bureau of Labor Statistics says
Americans spend $5,000 per year on out-of-pocket costs. Back in 1984, they used up
half of that amount. The bureau's Consumer Price Index also reveals that
medical care costs jumped 4.6 percent from 2018 to 2019. This was the biggest yearly
increase in over a decade.