Medical Debt in New York: A Growing Concern
A Step Towards Affordable Healthcare: Experts Weigh In
According to publicnewsservice, Medical debt is a major concern for many New Yorkers. It can cause significant stress and anxiety, making it hard to manage finances. To alleviate this burden, the Consumer Financial Protection Bureau has suggested a new approach: removing medical debt from credit reports. This change would allow people to focus on paying off their medical debt without worrying about it affecting their credit scores, reducing their financial stress and anxiety.
Ursula Rozum, a leader from Citizen Action of New York, thinks this is a great idea. She says that people should be able to get medical care without being afraid of getting stuck with a big bill. The Vice President, Kamala Harris, is also supporting this idea. Some Republicans in Congress disagree, but they think it’s a good step towards making healthcare more affordable.
Breaking the Cycle of Debt: New York’s Fight for Affordable Healthcare (PHOTO: GOOGLE)
Medical Debt Disparities: The Unfair Burden on Minority Communities
Medical debt is a bigger problem for some communities. Black and Latine families often have more medical debt because they don’t have access to health insurance or because they get treated unfairly in the healthcare system. Medical bills are also getting higher because of something called “facility fees”. New York has passed laws to try to fix this problem, but more work needs to be done to make sure everyone has access to affordable healthcare.
