Healthcare Facts 2025:

The Data You Need — Dr. Bill Explains

From medical debt to system complexity, Dr. Bill breaks down the numbers every professional and patient should know. Clear, actionable insights from the latest data.

Total Debt Load

Americans owe $220 billion in medical debt nationwide.

► Collections Impact

58% of consumer debt in collections comes from medical bills.

► Credit Card Burden

One-third of credit card debt stems from medical costs.

► Borrowing for Care

Americans borrowed $74 billion in 2024 to cover healthcare expenses.

► Mental Health Access

15.3% of U.S. adults with medical debt skipped mental healthcare due to costs.

► Ripple Effect on Bills

Among those with medical bill problems, 62% struggle to pay other bills.

► Payoff Time

Nearly 6 in 10 with medical debt say it’ll take six months or more to pay off.

► Bankruptcy Factor

66.5% of all personal bankruptcies are tied to medical issues.

► Inability to Afford Care

A record 91 million Americans—over one-third of the population, cannot afford quality healthcare.

► Prescription Access

21% of adults report skipping or underdosing prescriptions due to cost.

► Older Adults & Medical Debt

Over 1 in 5 adults 65+ carry debt from their own or a loved one’s medical expenses.

► Hidden Cost of Care

45% of U.S. adults say unexpected hospital or medical bills forced them to delay or avoid other necessary care.

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