Report: Medical debt still commonplace

Thursday, January 7, 2016
 | 
Chris Woodward (OneNewsNow.com)

stethoscope and cashA study from The New York Times and the Kaiser Family Foundation finds that even people with health insurance can face "crushing medical debt."

"It's not a surprise to me," Hadley Heath Manning tells OneNewsNow, "and I appreciate the honesty of those writing this report that they at least acknowledge that the so-called Affordable Care Act plays a hand in this."

According to the study, more than half of Americans under the age of 65 who have no insurance struggled to pay their medical bills last year. Approximately one in five with insurance reported likewise.

In America's current healthcare system, says Manning – director of health policy at the Independent Women's Forum – healthcare services and healthcare providers don't really compete on price. Consequently, she continues, there's been a "longstanding tradition of using health insurance to pay for most of the healthcare services we consume."

Manning

"And then when our health insurance doesn't cover as much or when there's more cost-sharing or there are higher deductibles and out-of-pocket costs, then of course even people who have that type of insurance plan end up with a great share that they're expected to pay out of pocket," she explains.

"That can be very burdensome, depending on the income level or the amount of resources available to people."

According to Drew Altman, president of the Kaiser Family Foundation, the major impact of medical debt for many people is the ability to pay the rent or the mortgage or to buy food.

We moderate all reader comments, usually within 24 hours of posting (longer on weekends). Please limit your comment to 300 words or less and ensure it addresses the article - NOT another reader's comments. Comments that contain a link (URL), an inordinate number of words in ALL CAPS, rude remarks directed at other readers, or profanity/vulgarity will not be approved. More details

SIGN UP FOR OUR DAILY NEWSBRIEF

SUBSCRIBE

VOTE IN OUR POLL

What's your take on the issue of school choice?

CAST YOUR VOTE

GET PUSH NOTIFICATIONS

SUBSCRIBE

LATEST AP HEADLINES

France begins presidential vote in test for populism
Report: Anti-Semitism rises, but violence against Jews falls
Roadside bomb in Somalia kills 8 soldiers, police say
Iranian candidate says nuclear deal failed to lift sanctions
FBI boss Comey arrives in New Zealand ahead of conference
Security tight as France prepares for presidential vote
Erin Moran, Joanie Cunningham in 'Happy Days,' dies at 56
American tries to learn from United's mistakes in incident

LATEST FROM THE WEB

North Korea threatens to strike US aircraft carrier to show 'military's force'
Pope likens migrant holding centers to 'concentration camps'
Security tight as France prepares for presidential vote
ISIS terror attacks make security key issue in France's presidential election
France gets ready for a rocky vote

CARTOON OF THE DAY

Cartoon of the Day

REASON & COMPANY

NEXT STORY
76 percent say living together before marriage OK

An overwhelming majority of young American couples now believe that it is not morally wrong to live together before marriage.