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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Find out what it takes to settle medical debt for less than you owe.
A new Debt.com poll found that inflation has made it harder for people to pay for basic needs.
Maintain a healthy, balanced strategy for healthcare spending.
People in debt are sacrificing their health to make ends meet.
Multiple new studies show rising costs of living are taking their toll on everyone’s physical and mental health.
Medical debt can lead to depression, anxiety and even the risk of suicide.
Struggling to pay medical debt? You’re not alone, and help is on the way this summer.
No one wants to fork over their hard-earned money to Uncle Sam. Follow these tax strategies to keep more of what you made this tax season.
Mainstream news coverage doesn’t tell the whole story. The reality: This new move might not help the people who really need it.
Supplementing original Medicare with a Medigap policy can ease the pain of medical bills.
If you’re sick over medical debt you can’t pay, you’re not alone.
Make sure you perform this medical debt self-exam before paying a collection agency.
Think your HSA is limited to paying for doctor and hospital visits? This list of eligible medical expenses may surprise you.
Losing sleep over hospital and doctor bills? Here’s how a medical billing advocate can help.
Are medical bills giving you a headache? Blowing them off will only cause more financial pain.