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Health care in America ‘is completely out of whack’ as millions face medical debt collections

Health care costs in the U.S. continue to grow year after year, leaving Americans with more and more debt. According to Credit Karma data provided to Yahoo Finance, roughly 21 million Americans holding $46 billion of medical debt as of April 2021 face collections — meaning that a third-party debt collector is trying to obtain the money owed. “Our system is completely out of whack,” Frederick Isasi, executive director at Families USA, a nonprofit and nonpartisan consumer health advocacy… Source link

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