Healthcare IT Today December 17, 2024
The following is a guest article by Meredith Kirchner, COO and Client Success Leader at Curae
The medical debt crisis in the U.S. is worsening, with healthcare costs now deterring millions of patients from seeking essential care. Soaring medical costs are forcing millions of Americans to make impossible choices: pay for essential care or risk financial ruin. This economic barrier is most felt in underserved communities, where access to care is already limited. More than 40% of adults have medical debt, mainly affecting marginalized groups such as Black and Hispanic individuals, women, parents, and the uninsured.
The financial burden of healthcare extends far beyond medical bills. Patients often face unexpected costs, such as deductibles, co-pays, and surprise medical bills. For...
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