America's medical debt is much worse than we think

Groundbreaking research from Stanford economist Neale Mahoney indicates an even grimmer situation: Americans are actually saddled with at least $140 billion in outstanding medical debt. The earlier $81 billion figure — heavily cited during the last presidential election cycle — was based on a narrower measure of medical debt and a restricted sample of people.

Published today in The Journal of the American Medical Association, Mahoney's study is based on the largest-ever dataset of medical debt in the United States and examines all outstanding payments over time. It finds substantial variation across the country and by income, with debt loads hitting the poor and the South the hardest.




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GOOD I HOPE IT GOES HIGHER EXPONENTIALLY! The medical industrial complex made it expensive