A Clearpoint/Kaiser Family Foundation study found that even those with insurance are particularly vulnerable to medical costs. Some interesting facts and statistics from the study: Here are a few ideas and strategies from Clearpoint for managing medical debt: Don’t pay
From the Wisconsin State Journal: When we think about consumer debt, we tend to point a finger at folks for whom shopping sprees are a way of life. But the real reason a large number of Americans wind up in
Forbes has a good description of why medical debt is different than other forms of consumer debt: In normal consumer markets, people owe what they owe. In fact, consumers often can’t purchase goods or services until they pay for them
Many consumers take their medical bills at face value — and often pay more than they need to. Some good advice from USA Today on avoiding three big mistakes: 1. Not shopping around “Start by knowing the cost of services.
A new US PIRG report finds that nearly two-thirds of people who complained to federal regulators about medical debt collectors said they did not owe the money. The Boston Globe reports on the study: “Researchers determined that more than 60
CNBC: A third of consumers has been contacted by a creditor or debt collector in the past 12 months, according to a report from the Consumer Financial Protection Bureau. Of those consumers who had contact, 27 percent reported feeling threatened