AJMC July 11, 2024
The US Senate Committee on Health, Education, and Labor Pensions discussed actionable solutions to address the medical debt crisis impacting millions of individuals.
Today, the US Senate Committee on Health, Education, and Labor Pensions (HELP), led by members Sen. Bernie Sanders (I, Vermont), chairman of the committee, and ranking member Sen. Bill Cassidy, MD (R, Louisiana) discussed ways to end medical debt in the United States.1
High cost of care and poor insurance coverage has left millions of individuals with devastating medical debt. Medical debt is the leading cause of bankruptcy, accounting for $220 billion in total debt in the United States, according to a poll by KFF.2 During the committee hearing, a panel of witnesses provided potential solutions to...