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Medical debt can be debilitating and a recent law in Colorado acknowledges those steep costs. It removes medical debt from Colorado credit reports. Today on In The NoCo, we learn about this pioneering new law.
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Patients with chronic medical conditions may fall behind on rent or home payments as they scramble to keep medical debts in check to preserve access to health care. And the CED Project, a Denver nonprofit, worked with KFF Health News on a survey of its clients to explore links between medical debt and housing instability.
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Retired Colorado Rockies first baseman Todd Helton is teaming up with the organization RIP Medical Debt to help eliminate $10 million in medical bills for residents around the state.
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From 2022 to 2023, Colorado is seeing the second-highest increases in monthly private health insurance costs – nearly 20% – compared to the national average of less than 4%, according to an analysis by the finance website ValuePenguin. Wyoming and New Mexico also ranked in the top 5 with increases around 15%.
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A vast majority of Coloradans, 93.5%, have health insurance, but more are struggling to pay their medical bills, according to a new report from the…