Medical debt is perhaps the largest financial burden facing Americans today. On March 1,
2022, the Consumer Financial Protection Bureau (CFPB) released a report finding $88 …

Medical debt a ects more than 100 million adult Americans and totals $195 billion. 1 More
than half of all bankruptcies in the United States are tied to medical issues. 2 And medical …

Medical debtrepresents a substantial financial issue for many US health care consumers,
affecting an estimated 19% of households and exceeding all other forms of debt. 1 Among …

On October 1, 2024, the Consumer Financial Protection Bureau (CFPB) issued an advisory
opinion titled Debt Collection Practices (Regulation F); Deceptive and Unfair Collection of …

Amidst the growing interest among policymakers to protect patients from medical debt and
its negative downstream effects, in April 2023, the three credit reporting agencies (CRAs) …

Healthcare debt in the United States is a significant problem, affecting millions of Americans.
Many people struggle to pay for healthcare, and approximately 9% owe over $250 due to …

The burden of medical debt in the United States is a growing concern as health care costs
continue to rise and many people report trouble affording care. Up to 41 percent of US …

Lack of affordability is arguably the biggest challenge in US health care, and the high level
of medical debt is a tangible reflection of this challenge. A 2022 KFF survey found that 41 …

IMPLICATIONS As New York State policymakers consider strategies to reduce the burden of
medical debt, the findings presented here show that this burden is distributed unevenly …

O n April 11, 2022, the Biden Administration unveiled new, system-wide policy actions intent
on reducing the burden of individual medical debt and increasing consumer protections. 1 A …