What would happen if you suddenly needed medical care? Odds are you wouldn’t consider the financial side of it very seriously at all. You would just get the care that you needed, especially if it was life-saving or would provide you with a drastically higher quality...
Medical Debt
Why those with health insurance often still end up with medical debt
Health insurance assists people with the basic costs of maintaining their health and treating any concerns that arise. People trust that the health insurance they purchase or receive through their employer will allow them to get the care they require if they have a...
How much should you sacrifice trying to pay off medical debt?
It might surprise you to learn that many Tennessee residents tried extremely hard to pay their debt before filing a bankruptcy. From working multiple jobs to selling the car and walking, most have tried everything to accommodate their debt—especially medical debt. Why...
How many U.S. hospitals aggressively pursue medical debt from patients
Hospitals are a vital part of the public health system. You go to the hospital when you are very sick or badly injured and need expert medical treatment. However, life-saving treatment is not free, as anyone who has ever undergone it can tell you. Even if you have...
Are you drowning in medical debt? You’re not alone.
There are few feelings as awful as being inundated with debt that you struggle to repay over the course of many months or years. It is even more frustrating when you had to take on that debt not for something that you chose to purchase, but to take care of serious...
How can you escape your medical debt?
If you tell someone you are thinking of filing for bankruptcy, they may assume you have been too free and easy with your credit cards. Yet, often the reason people max out their cards is to cover medical bills. A 2018 report found that 530,000 families who filed for...
Even minor medical issues may be too expensive
In the United States, medical care is notoriously extremely expensive. Americans pay thousands for procedures that are free in other countries. What this means is that even a minor issue may cost far more than most people just have on hand. When people think of...
The most expensive medical procedures
The amount of medical debt that one can create in almost no time is often astounding. A procedure that only takes an afternoon could land you in debt that you can never fully pay off. This is why medical debt is one of the leading causes of bankruptcy. People who...
Three things you can do to keep medical debt off your credit report
A serious illness or an injury can disrupt your life in many ways. You need to recover, and you may be overwhelmed for a moment as you struggle to get back on your feet. There is a strong chance your finances will be impacted too. If an unpaid medical bill finds its...
Is medical debt really out of control in America?
The short answer to this question is, “Yes, yes it is.” According to reports from the U.S. Census Bureau data, 19% of American households -- nearly one out of every five -- is struggling under the weight of unpaid medical debts. This is problematic for a number of...
