Massachusetts-based Access Project has a new report called
"Borrowing to Stay Healthy,'' which shows about families who use their credit card to pay health expenses.
In the study, nearly one-third of those with credit card debt said medical expenses contributed to that debt.
Among key finding: those who have medical debt have higher credit card debt ($11,623) related to their medical debt than those without medically-related credit card debt ($7,964).
This problem, of course, will be exacerbated if more low- to middle-income people are foisted into high deductible plans, as Rick Brown from UCLA Center for Health Policy Studies writes in the
LA Times today.
posted by Hanh Kim Quach |
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10:39 AM
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