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40 percent of Florida adults struggle with medical debt

Whether someone is unable to work after suffering an injury or simply cannot afford to pay their medical expenses, there are many reasons why people have unmanageable medical debt. Unfortunately, for some people in Tampa and throughout Florida, medical bills can make a physical condition even more difficult to deal with. People who are going through this firsthand should explore every debt relief option and remain committed to working towards a successful outcome. After all, debt can become even more difficult to tackle over time and it is imperative to get started right away.

According to a report that was recently released, a greater number of adults in Florida are having a hard time with medical debt when compared to people in California and New York. Researchers say that 40 percent of adults in Florida reported having difficulties paying their medical bills or are paying them off gradually.

Furthermore, researchers say that 43 percent of adults in Florida did not receive medical treatment they needed because they could not afford it. The authors of the report point out that Florida did not fully expand Medicaid coverage through the Affordable Care Act, unlike California and New York.

From loss of sleep to significant anxiety, unmanageable debt can cause a variety of problems. As a result, people who are in this position should do everything they can to address their debt as soon as possible. For some, this may include contacting a legal professional and filing for bankruptcy. It is very important for people to closely review the details of their situation and outline the smartest path forward.

Source: OncologyNurseAdvisor.com, "Medical debt burden higher in Texas and Florida," Apr. 17, 2015

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