Rising Medical Debt: A Mounting Worry for Many

Published on July 27, 2022

Imagine you’re scraping by to climb up a mountain, but suddenly you discover the mountain is bigger and steeper than you thought! Well, that’s what’s happening with medical debt. It turns out that it’s way more common than initially believed. Take Jeni Rae Peters, for example. Just when she thought her struggles were behind her after battling cancer, boom, $30,000 in medical bills knocked her down again. And she’s not alone. Allyson Ward, whose twins needed intensive care, now finds herself buried under $80,000 of medical debt! It’s like trying to swim against a powerful current while carrying a weighty backpack. But what can we do? We need more research to understand what causes this mountain of medical debt to keep growing and how we can prevent it from toppling over individuals and families.

Jeni Rae Peters was already stressed after undergoing radiation and chemotherapy to treat her Stage 2 breast cancer, but $30,000 in medical bills worsened her predicament. After Allyson Ward’s birth to premature twins left her $80,000 in debt, she borrowed from relatives,…

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