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Healthcare

Medical bills are almost the most common type of debt to end up in collections.

BLS data shows the average American household spends roughly 7 percent of their income on healthcare costs. Debt.com’s research shows more than 1 in 3 said their medical bills were sent to collections last year alone.

 

Many of us can’t afford even a $500 emergency. Medical debt can quickly snowball into a financial catastrophe.

 

The articles below cover news of the healthcare industry that affects your wallet. You’ll also learn strategies to minimize your hospital bills and ways to minimize and even cancel your medical debts.

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