Medical debt remains one of the highest debt burdens among U.S. households, with 25 percent of Americans struggling with it, according to new data from LendingTree.
Americans dealing with medical debt face a steep challenge, with cost burdens averaging $7,700 right now. The issue is so toxic that 55 percent of U.S. adults with medical debt say they can’t afford further medical care, with 32 percent saying their health condition had “worsened,” Lending Tree noted. Emergency care, hospital stays, and diagnostic tests are the primary reasons why so many health care consumers are underwater on their medical bills.
“The US population carries far more medical debt than in other countries,” Adam Nager, founder at Quest National…