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Obamacare Rollback Bill Would Replace Subsidies With Tax Credits

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Obamacare Rollback Bill Would Replace Subsidies With Tax Credits

"The Feb. 10 document follows the broad policy outline released by Republicans last week just before they went home for a Congressional recess. It proposes cuts to federal payments to states that have expanded Medicaid and offers tax credits for people to buy health insurance."

"This would mean fewer people could afford health insurance and that the health insurance would likely cover less," says Larry Levitt, senior vice president at the Kaiser Family Foundation.

Medical Debt Often Leads To Collection Agencies’ Calls

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Medical Debt Often Leads To Collection Agencies’ Calls

The study by the federal Consumer Financial Protection Bureau found that 59 percent of people who reported they had been contacted by a debt collector said it was for medical services. Telecommunications bills were the second most common type of overdue bill for which debt collectors pursued payment, at 37 percent, and utilities were third, reported by 28 percent.

Unlike other types of debt, people with medical debt were prevalent across a range of income levels, credit scores and ages. A poll conducted in 2015 by NPR, The Robert Wood Johnson Foundation and Harvard's T.H. Chan School of Public Health found that many people with health insurance still struggle to pay medical bills. Some 26 percent said health care expenses have taken a serious toll on family finances.