Getting sick or taking care of loved ones should not mean financial hardship for American families. One study found that almost half of individuals with medical debt intentionally avoided seeking care. Medical debt is not just a financial issue-it can have negative health effects too. Black and Hispanic households are more likely to hold medical debt than white households. It is now the largest source of debt in collections-more than credit cards, utilities, and auto loans combined. One-in-three adults in the United States have medical debt. Help over half a million of low-income American veterans get their medical debt forgiven and,.Reduce the role that medical debt plays in determining whether Americans can access credit – which will open up new opportunities for people with medical debt to buy a home or get a small business loan.Hold medical providers and debt collectors accountable for harmful practices.Today, as part of the fight to help Americans deal with high costs, the Biden-Harris Administration is announcing new actions to protect consumers and lessen the burden of medical debt on American families. Vice President Kamala Harris to announce reforms across four areas to ease the burden of medical debt, giving more American families the opportunity to thrive Get Involved Show submenu for “Get Involved””.The White House Show submenu for “The White House””.Office of the United States Trade Representative.Office of Science and Technology Policy.Executive Offices Show submenu for “Executive Offices””. ![]() Administration Show submenu for “Administration””.
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