Poll Reveals 40% Of Americans Have Healthcare Debt Piling Up

According to a recent research by Kaiser Health News, 100 million Americans, or 41% of adults, are in some type of health-care debt.

Hundreds of doctors, patients, and researchers were interviewed, and several reports from credit card companies and hospital billing departments were evaluated.

According to the study, one out of every four persons with health-care debt owes more than $5,000.

One out of every five adults with debt owes so much that they don't think they'll ever be able to repay it.

In order to reduce their burden, 63 percent of people with health-care debt reduced their expenditure on food, clothing, and other needs, according to the poll.

Due to inability to repay their debt, 48% wasted most or all of their savings, while 17% declared bankruptcy or lost their home.

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