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27% of Americans Face Financial Toxicity from Medical Costs

12/23/2025

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Story summary
  • A JAMA Internal Medicine study documents financial toxicity from high medical expenses for 27% of Americans between 2018 and 2022.
  • The study tracked 12,600 participants.
  • Financial stress from medical costs rose over time.
  • Those with low incomes and chronic health issues were especially vulnerable to financial toxicity.
  • Researchers advocate national health insurance to reduce costs and improve access amid subsidies and Medicaid funding cuts.