CNBC June 22, 2022
Key Points
– An estimated 41% of adults face health-care debt, ranging from under $500 (16%) to $10,000 or more (12%), according to a new report.
– The study comes ahead of scheduled changes to the way medical debt shows up on consumer credit reports.
– Financial repercussions go beyond the potential impact on credit scores.
For many adults, health-care debt is part of their balance sheet — it just may show up differently than expected, new research suggests.
Overall, an estimated 41% of people — or about 100 million adults — currently face such debt, ranging from under $500 (16%) to $10,000 or more (12%), according to a report from the Kaiser Family Foundation. Using $2,500 as a base...