New Study Reveals Health Insurance Does Not Prevent Medical Debt for Many Americans

Summary

A new survey from the Commonwealth Fund reveals that nearly one-third of insured adults aged 19-64 have unpaid medical bills or debt, indicating that health insurance does not always prevent financial ruin from healthcare costs. The study highlights that medical debt often stems from routine care and high deductibles, with many cutting back on necessities or using savings to pay bills, and the problem is expected to worsen as healthcare costs rise.