Medical debt has skyrocketed in the United States in recent years, with nearly half of all debt now owed by the age of 65.
The new data, obtained by Fox News, offers a clear picture of the health and financial problems plaguing older Americans.
It reveals a vast, hidden health care debt that many have yet to fully recognize.
It also offers some valuable lessons for those who are struggling to get their finances in order.
First, there’s the growing trend of medical debtors getting their lives started on their own.
This is a common problem for the elderly, who often live on their parents’ pension or Social Security checks and struggle to afford housing, groceries and health care for their kids.
“Many people in the population have no idea that they’re debtors,” said Dr. Michael Gertz, chief medical officer for the American College of Physicians.
“It’s not until they reach their mid-60s that they realize, ‘Oh, I’m a burden.'”
The data also shows that medical debt in the U.S. is growing faster than other major developed countries.
In 2016, for example, the debt for Medicare recipients reached $3.6 trillion.
In many cases, the people who are being saddled with this burden are struggling financially.
According to the survey, 58 percent of Americans say they have some form of medical or financial debt.
The majority of the debtors are people over 65 who owe more than $1,000 in debt.
The survey found that 42 percent of older adults with debt are unable to pay their debts.
About half of those surveyed said they had not had a job in six months, and one in four said they are unemployed or underemployed.
The majority of those polled say they feel powerless to do anything about their debt.
They are not alone.
Nearly a quarter of respondents said they were either unemployed or not in a position to pay off their debt, according to the study.
Another 31 percent said they do not know if they can pay their debt or are dependent on others to do so.
A third of those questioned said they felt financially hopeless and that a financial crisis was imminent, even if they could manage it.
The poll found that 65 percent of those who said they faced financial hardships reported that they were working at least part-time.
Nearly half of respondents who had medical debt said they feared losing their job or job security in the future.
One in five said they did not know what would happen to their job if they defaulted on their debtors’ debt.
More than a third of people who owed medical debt reported that their doctor, hospital or other medical facility has stopped providing care or treatment.
More importantly, half of the respondents said that they have not been able to afford the bills they owe.
One-third said they have paid only a fraction of the amount owed.
Only 16 percent of the people surveyed said that their doctors or hospitals are providing adequate care or that they are providing timely care.
A quarter of the medical debt respondents said the problem was with their medical providers, with the majority saying they felt the system is not working for them.
Almost a third said that if they received a diagnosis or diagnosis medication was not prescribed, that they had difficulty paying their bills, and that they feared they would be unable to make payments on their medical debt.
Doctors, nurses and hospital administrators said they need to change the way they handle the medical debts of their patients.
The issue is not just a matter of financial responsibility, said Dr in the office, Dr. Gerts.
“There is a moral obligation to help the patients, to make sure they’re getting the care they need, and to be compassionate.”
The majority, including doctors, have a strong ethical code that guides them to ensure patient care and patient safety.
It is based on the principles of informed consent, patient confidentiality and ethical judgment.
Dr. Gretz noted that the current medical debt survey was conducted from December 16 to December 22, 2016.
He said that while it is a large survey, the numbers were not overwhelming.
The survey also found that about 1 in 4 people have debt from their medical procedures or medical devices.
The vast majority of this debt is in the form of hospital bills, insurance premiums and out-of-pocket expenses.
More people are getting sicker and more elderly people are dying from preventable conditions.
The health care system is failing to keep pace with the rising cost of treating these conditions, Gertzer said.
The findings are in line with a study published in the Journal of Geriatric Nursing last year that found that the rate of death among people over 55 in the older ages group is increasing, with deaths doubling between 2000 and 2012.
It was found that for every $100 increase in annual income over $50, the mortality rate of people older than 65 jumped by 18 percent.
This increase is particularly alarming, according the study authors, Drs.
Elizabeth A. Bader,