The number of Americans with medical debt on their credit reports fell by 8.2 million, or about 18%, between 2020 and 2022, according to a report Tuesday...
The number of Americans with medical debt on their credit reports fell by 8.2 million, or about 18%, between 2020 and 2022, according to a report Tuesday from the U.S. Consumer Financial Protection Bureau, the Associated Press reported. White House officials said separately the drop likely stems from coronavirus relief funds and the expansion of an Obama-era law that added 4.2 million people with some form of health insurance.
cases continues to fall and stood at 39,199 on Tuesday, according to a New York Times tracker. That's down 13% from two weeks ago. The daily average for hospitalizations was down 11% at 28,522. The average for deaths was 428, down 13% from two weeks ago. The global tally of confirmed cases of -19 topped 673.2 million on Wednesday, while the death toll rose above 6.85 million, according to data aggregated by Johns Hopkins University. The U.S. leads the world with 102.9 million cases and 1,115,018 fatalities
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18% drop since 2020 in people with reported medical debtThe number of people with medical debt on their credit reports fell by 8.2 million — or 17.9% — between 2020 and 2022, according to a report Tuesday from the U.S. Consumer Financial Protection Bureau. Also, local governments are leveraging $16 million in coronavirus relief funds to wipe out $1.5 billion worth of medical debt. There has also been a persistent effort by the CFPB to reduce medical debt.
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18% drop since 2020 in people with reported medical debtThe number of people with medical debt on their credit reports fell by 8.2 million — or 17.9% —between 2020 and 2022.
Read more »
18% drop since 2020 in people with reported medical debtThe number of people with medical debt on their credit reports fell by 8.2 million — or 17.9% — between 2020 and 2022, according to a report from the U.S. Consumer Financial Protection Bureau.
Read more »
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