“Being sick is hard. But medical debt can make it feel completely overwhelming,” according to Your Tango. Here are four things you need to know about medical debt: 1. Bankruptcy is on your record for many, many years. “If you’re
Several hundred Californians who owe medical debts will be getting a big surprise in the coming weeks after an Oakland start-up purchased their debts and forgave them, according to CBS San Francisco. Rachel Norman is the founder of Better, a
Better is forgiving $1M worth of medical debt in Texas as part of a campaign to abolish $16M in medical debt across the US. In this blog post, they tell the story of 7-year-old Ava Pettit who was bitten by
It doesn’t take much to ruin years of careful retirement planning. An unexpected accident or illness, especially when you’re nearing retirement, could become a financial disaster. CNBC offers three tips to prevent medical bills from cracking your nest egg: 1.
Richard Gundling, senior vice president at the Healthcare Financial Management Association, tells the Wisconsin Gazette that parents are not generally responsible for an adult child’s medical debts: “Normally, if you’re 18 or older, you’re considered the responsible party, even if
The number of American workers with high-deductible health insurance plans rose by 3.2 percent in 2016 — reaching 24.8 million, according to Health Day News. For the study, researchers analyzed national data and found more than 58 million American workers