Going through an illness or suffering from an injury can be stressful in itself. But knowing that the treatment that you are gaining is causing you to acquire a mountain of debt can be enough to affect your mental health and your enjoyment of life.
If you have been suffering from ill health recently, the associated costs may have been unexpected and not fully covered by your insurance. Sadly, many people suffer from financial difficulties due to medical bills in the United States. This can lead to patients feeling extremely stressed, which can additionally lead to difficulty making a full recovery, and even chronic illness.
Medical debt can be crippling because your illness will likely make it difficult for you to work to pay back these debts. Additionally, the stress of debt accumulation can prevent you from being able to recover from your illness fully.
Even the most financially responsible people are subject to situations that are beyond their control. While you may have a reasonable amount of savings and a reliable job, medical issues that are not covered by insurance can have the power to land anyone in a very stressful situation.
If you are suffering financially due to unexpected medical bills, the situation may feel completely out of your control. Medical debt can be particularly problematic for a person's finances because a person needing medical attention may also be losing wages as a result of not being able to work.