Almost a third of working Americans currently have some kind of medical debt and about 28% of those who have an outstanding balance owe $10,000 or more on their bills.
When asked if they’ve ever defaulted on those bills, about 54% of people with medical debt said they had, according to a new survey fielded by Salary Finance of over 2,700 U.S. adults working at companies with over 500 employees.
And that’s among people who are employed and typically have health insurance, Dan Macklin, Salary Finance’s U.S. CEO and co-founder of SoFi, tells CNBC Make It.
“Even if people have insurance, their deductibles are going up and people are spending more on health care,” he says.