Medical Debt Is Costing Southern Oregon Employers $512K a Year
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Medical Debt Is Costing Southern Oregon Employers $512K a Year
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Summary
Most business owners in Southern Oregon have no idea their employees' medical debt is showing up on their own bottom line. Absenteeism. Turnover. Delayed workers' comp claims. Higher insurance premiums. It adds up to over half a million dollars annually for a 100-employee firm — all traced back to $72,000 in total employee medical debt.
In this episode, Noah Volz breaks down the hidden business costs of medical debt, then goes deeper into why the systems meant to fix unpaid bills — charity care and collections — are making the problem worse for everyone. Hospitals. Patients. Employers. The whole system loses.
Episode 4 of 5 of the Medical Debt series. Find all episodes and our newsletter at reimagine-healthcare.org.
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