Medical Debt Crisis Deepens as Healthcare Costs Continue to Soar

Medical Debt Crisis Deepens as Healthcare Costs Continue to Soar

It’s a fact: in both employer-provided healthcare coverage as well as in the Affordable Care Act marketplace, premiums are skyrocketing, insurance coverage is shrinking, and most healthcare consumers are facing growing out-of-pocket expenses.  At the same time, Black Americans are twice as likely to struggle with medical debt, and are disproportionately more likely to face collection action for that debt, than whites.  As a result, experts say, …