Page 6 - James Powers News Today

DENVER (AP) — Cindy Powers was driven into bankruptcy by 19 life-saving abdominal operations. Medical debt started stacking up for Lindsey Vance after...

The Kaiser Family Foundation reports an estimated 100 million Americans have amassed nearly $200 billion in collective medical debt — almost the size of Greece’s economy.

The Kaiser Family Foundation reports an estimated 100 million Americans have amassed nearly $200 billion in collective medical debt — almost the size of Greece’s economy.

Lawmakers in over a dozen states and the U.S. Congress are tackling medical debt, which has become a leading cause of personal bankruptcy

DENVER (AP) — Cindy Powers was driven into bankruptcy by 19 life-saving abdominal operations. Medical debt started stacking up for Lindsey Vance after...

Lawmakers in a dozen states have proposed a flurry of relief bills to tackle the country’s medical debt that has placed millions of people in bankruptcy.

For patients, medical debt has become a leading cause of personal bankruptcy, with an estimated $88 billion of that debt in collections nationwide, according to the Consumer Financial Protection Bureau.

U.S. lawmakers propose bills to tackle the $200 billion medical debt crisis, with measures including debt relief programs, lower interest rates, and greater transparency on costs of care. Medical debt is a leading cause of personal bankruptcy in the U.S.

Colorado could join Arizona in having one of the lowest medical debt interest rates in the country.

Lawmakers in at least a dozen states and the U.S. Congress have pushed legislation to curtail the financial burden of medical debt.