Survey Reveals How Inflation is Impacting Americans: Physically and Financially
–News Direct–
If inflation isnt making you sick, it might be keeping you sick.
Debt.coms 2023 medical debt survey shows some worrisome increases over its 2022 results:
This year, 67% reported that inflation made it harder to pay medical bills. Thats a significant jump from 57% the year before.
Nearly a third (32%) said their medical bills were in collections this year. Last year, it was only 28%.
Most concerning of all: 34% admitted they have been avoiding medical care because of debt up from 28% in 2022.
Inflation may be subsiding, but the damage it wrought will stay with us for a long time, says Debt.com founder and chairperson Howard Dvorkin, CPA. Medical debt was a growing problem before inflation, even before the pandemic. Now its becoming a crisis.
Howard Dvorkin
CPA and chairman...
