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Collection agencies in the U.S. hold about $140 billion in unpaid medical bills, according to a study published Tuesday by Jama: The Journal of the American Medical Association.
The new analysis raises the estimate of the nation’s medical debt held by collection agencies significantly, well above the $81 billion figure researchers produced in 2016.
The new study found that about 18% of Americans have medical debt that is owned by collection agencies. Between 2009 and 2020, medical debt became the largest type of debt that is owed to such agencies, even as overall debt levels fell during the period.
Americans debt for medical care swells to billions
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America s medical debt is much worse than we think
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Americans Medical Debts Are Bigger Than Was Known, Totaling $140 Billion
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Medical debt in US
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