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View Full Version : Kaiser Health News study: “Debt is no longer just a bug in our system. It is one of the main products”



Winehole23
06-18-2022, 10:42 AM
100 million people in America ― including 41% of adults ― beset by a health care system that is systematically pushing patients into debt on a mass scale, an investigation by KHN and NPR shows.


The investigation reveals a problem that, despite new attention from the White House and Congress, is far more pervasive than previously reported. That is because much of the debt that patients accrue is hidden as credit card balances, loans from family, or payment plans to hospitals and other medical providers.


To calculate the true extent and burden of this debt, the KHN-NPR investigation draws on a nationwide poll conducted by KFF (https://www.kff.org/health-costs/report/kff-health-care-debt-survey/) for this project. The poll was designed to capture not just bills patients couldn’t afford, but other borrowing used to pay for health care as well. New analyses of credit bureau, hospital billing, and credit card data by the Urban Institute and other research partners also inform the project. And KHN and NPR reporters conducted hundreds of interviews with patients, physicians, health industry leaders, consumer advocates, and researchers.
The picture is bleak.


In the past five years, more than half of U.S. adults report they’ve gone into debt because of medical or dental bills, the KFF poll found.


A quarter of adults with health care debt owe more than $5,000. And about 1 in 5 with any amount of debt said they don’t expect to ever pay it off.
https://khn.org/news/article/diagnosis-debt-investigation-100-million-americans-hidden-medical-debt/

Winehole23
06-18-2022, 10:43 AM
Waiting until acute care is needed for catastrophic illness drives up costs for everyone


Perhaps most perversely, medical debt is blocking patients from care.

About 1 in 7 people with debt said they’ve been denied access to a hospital, doctor, or other provider because of unpaid bills, according to the poll. An even greater share ― about two-thirds ― have put off care they or a family member need because of cost.

Blake
06-19-2022, 10:59 AM
Yeah I've always found it disgusting to see the health care credit applications right there at the front desk.

Doctor offices love it because if approved, they get paid immediately.