Medical debt seems likely to rise for many Americans next year, with health care and insurance cost increases expected nationwide, alongside an uptick in the number of Americans who will lose access to health insurance due to various Trump administration policies.

"Americans will face even higher medical debt burdens next year," Neale Mahoney, director of the Stanford Institute for Economic Policy Research (SIEPR) and professor of economics at Stanford University, told Newsweek .

Why It Matters

Medical debt is recognized as money owed to medical service providers such as hospitals or private practices, and can be accrued by both those with and without insurance.

Those with insurance may end up with debt if their deductibles are particularly high, and certain patients, like cancer pat

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