The report draws on a nationwide poll conducted by the Kaiser Family Foundation.
Eight things to know:
1. Fifty-six percent of Americans with debt owe $2,500 or less. Twenty-four percent owe $5,000 or more.
2. Seventy-two percent said their debt comes from a one-time bill or short-term medical expense, such as a single hospital stay or treatment for an accident.
3. Sixty-three percent of those with debt said they cut spending on food, clothing and other basics as a result of that debt.
4. Seventy-nine percent of those with debt said they skipped or delayed care or medications due to cost. Forty-nine percent of those without debt said they skipped or delayed care or medications.
5. Forty-seven percent of those with debt said they’ve been contracted by a collection agency in the last five years.
6. Twenty-four percent of those with debt said they have bills that are past due or they can’t pay.
7. Twenty-one percent of those with debt said they have a payment plan with a medical provider.
8. Sixty-eight percent of adults in households earning less than $40,000 had healthcare debt in the last five years, compared with 57 percent earning between $40,000 and $89,999, and 45 percent earning $90,000 or more.
Read the full report here.
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