The high cost of health care is taking a toll on the health of Americans. More than half of consumers feel stressed when paying their medical bills, and more than 9 in 10 say the stress of these payments has affected their physical and mental health, a recent study from PayMedix found.
"A surprising finding from this research is that most American workers with employer-provided health insurance face daunting health care billing and payment problems," according to the report from the health care payment processing company. "Much of it stems from higher out-of-pocket costs as more employers have had to transition workers into higher-deductible plans to share in increased cost burden of health coverage. These affordability challenges are not only exacerbating a medical debt crisis but they are also causing many Americans to avoid care or disengage with the health care system entirely."
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