New research from the St. Louis Federal argues that financial distress “is not only quite widespread but is also very persistent.” According to credit report data, the researchers find that individuals who were in financial distress five years ago were
From National Public Radio: The United States spends more per person on health care than any other country does. A lot more. As a country, by many measures, we are not getting our money’s worth. Tens of millions remain uninsured.
Craig Antico, who co-founded RIP Medical Debt, a non-profit that buys up batches of overdue medical bills, appeared on the NBC Nightly News with Lester Holt to discuss how they’ve erased $120 million in medical debt. For more information on
The New York Times reports that health insurer Anthem was refusing to pay for emergency room visits that are not needed “right away to avoid a serious risk to health.” To rein in emergency medicine costs, Anthem is reviving an
From the USA Today editorial board: When you go to the hospital for a scheduled procedure, you ought to be able to find out the price in advance. Today, the chances of anything that consumer-friendly happening are slim to none, but
Complaining about unexpectedly high bills can be a good strategy to get them reduced, but medical expenses are often a special case, because the networks of providers and insurers are powerful, and the system can be baffling, which makes it