One in 5 privately insured American adults hospitalized for a traumatic injury end up with medical bills they can’t pay, a new study finds. Among more than 3,100 working-aged insured adults who suffered a traumatic injury, the risk of incurring co-pays and deductibles they couldn’t afford was 23% higher than among similar adults without traumatic injuries. These patients were also more likely to be hounded by collection agencies, the study showed. “The amount of medical debt in America is $88 billion, and this is on top of what patients are already paying, so this is what they can’t pay,” said lead researcher Dr. John Scott. He is an assistant professor of surgery and a member of the Institute for Healthcare Policy and Innovation at the University of Michigan in Ann Arbor. “And we accept this system where there’s nearly $100 billion of excess debt on the backs of the sick and the injured, who are unable to pay — that’s just the normal everyday America that we live in,” Scott said. On average, those with outstanding bills owed more than $6,000 and had a 110% higher bankruptcy rate compared to uninjured patients. For the study, Scott’s team used Blue Cross Blue Shield and credit report data. The study doesn’t reveal patients’ credit scores or how much debt they had before getting hurt, so researchers can’t… read on > read on >







