Money

What Happens When You Don’t Pay Your Medical Bills?

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If you’re struggling with unpaid medical bills, you’re not alone.

Americans are estimated to owe as much as $140 billion in unpaid medical debt, according to a 2021 study from the Stanford Institute for Economic Policy Research.

Mounting medical bills can wreck your financial life. They can damage your credit score, make it difficult to pay other bills and demolish your emergency savings fund.

But the rising cost of health care and a lack of adequate insurance makes it difficult for many people to escape medical bills.

Fortunately, there are steps you can take both before and after seeking health

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