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Business Latest: Medical debt

For many Americans, medical debt is greater than the cash they have on hand for emergencies, and the problem is particularly acute for lower-income earners.
A doctor waits to see a patient. (Photo by Joe Raedle/Getty)
A doctor waits to see a patient.

MEDICAL DEBT: For many Americans, medical debt is greater than the cash they have on hand for emergencies, and the problem is particularly acute for lower-income earners. A new survey finds that 1 in 4 people say they have more medical-related debt than emergency savings. For those earning less than $30K annually, it's 44% who have more of that kind of debt than cash socked away.  Read more

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