Categories: Drug Prices

The Burden of Medical Debt in the United States

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This analysis of presidency knowledge estimates that folks in the US owe a minimum of $220 billion in clinical debt. Roughly 14 million other folks (6% of adults) within the U.S. owe over $1,000 in clinical debt and about 3 million other folks (1% of adults) owe clinical debt of greater than $10,000.

The proportion of adults with clinical debt varies significantly around the U.S. Hawaii (2.3%) and D.C. (2.7%) have the bottom percentage of adults with clinical debt. States with the perfect percentage of adults with clinical debt come with South Dakota (17.7%), Mississippi (15.2%), North Carolina (13.4%), West Virginia (13.3%), and Georgia (12.7%).

The research is according to knowledge from the 2021 Survey of Source of revenue and Program Participation, a nationally consultant survey that asks each grownup in a family whether or not they owed cash for clinical expenses and what sort of they owe.

The document additionally examines permutations in clinical debt by way of age, race and ethnicity, well being standing, and for other folks with a incapacity.

The research is to be had during the KFF-Peterson Health System Tracker, a web based knowledge hub that screens and assesses the efficiency of the U.S. well being device.

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DaveRat

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