Medical Debt is Shooting Higher in NJ, Even If You Have Health Insurance
New Jersey Citizen Action, in partnership with the HealthCare Value Hub at Altarum, has issued a report that finds almost 4 in 10 Garden State residents (38%) have overdue medical bills.
Laura Waddell, the health care program director at NJ Citizen Action said even though 96% of New Jersey residents have some form of medical insurance “nearly 3 in 10 respondents reported owing $5,000 or more in medical debt.”
The report finds 11% of Jersey residents have more than $10,000 in medical debt.
“49% percent said their medical debt was incurred because their service was not covered, 33% said the deductible was too high,” she said.
"For New Jerseyans who have one of the highest costs of living in the country, the need to address this growing medical debt crisis is greater than ever," Waddell said.