Fighting Medical Debt | MPR News
Many people are just one medical emergency away from a financial crisis.
One hundred million Americans live with medical debtaccording to a survey by the Kaiser Family Foundation.
To pay for medical bills, many people took on other debt, including credit cards, personal bank loans, or loans from family and friends. Medical debt creates stress and prevents people from renting houses and buying cars. This makes people less likely to seek the medical care they need. This contributes to bankruptcy.
The number of Minnesotans with medical debt is low compared to other parts of the country, primarily due to our state’s health insurance programs for low-income people. About two percent of Minnesota households have medical debt in collection. But that rate is double in communities of color.
At 9 a.m. Monday, MPR News host Angela Davis talks about battling medical debt with a financial adviser and the head of a national nonprofit that provides medical debt relief.
And we also want to hear from you. Do you have medical debt? Struggling to pay your hospital bills? Or maybe you’re trying to manage high bills for mental health services, personal assistants, or dental care? How does this debt affect you? Or do you have any questions for our guests. Call us at 651-227-6000 or 800-242-2828 at 9 a.m. or tweet @AngelaDavisMPR.
Allison Sesso is the President and CEO of RIP Medical Debt, a national non-profit organization that uses donations to purchase and cancel medical debt.
Kim Miller is a Certified Financial Counselor with Minnesota Lutheran Social Service.
Laura Orr is senior elder law attorney at Southern Minnesota Regional Legal Services based in Saint Paul.