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Employee Benefits

Rise of medical debt linked to increasing health insurance costs

January 09, 2023 Reprints

One of the biggest catalysts for rising medical debt among Americans is the rapidly increasing cost of health insurance, according to a survey conducted by Kaiser Family Foundation, CNBC reports. Widespread medical debt is a uniquely American problem, with roughly 40% of U.S. adults reporting at least $250 in medical debt.

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Rise of medical debt linked to increasing health insurance costs

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