We have previously written about the fact that unpaid medical debt is now the number one reason why Americans file for personal bankruptcy. Overwhelming medical debt can be uniquely frustrating, as it only adds to the stress caused by illness and injury. In order to heal, patients need rest and calm. When debt collectors are calling incessantly, it is difficult to achieve that necessary and healing rest.
For many people, going to the doctor or hospital isn't a pleasant experience. No one wants to deal with medical issues, but oftentimes it's necessary to take action. Concerns about paying for medical visits and treatments only compound this stress. Thankfully, a new set of medical billing rules created by the federal government and medical industry could help ease the pressure created by health care expenses.
Health care has been one of the most popular topics of discussion over the last few years. Everyone knows that the cost of receiving medical care is rising, which is a major problem for many families. In fact, a report from USA Today points out that medical debt is the number one reason why people seek the relief of bankruptcy.