Do people in other countries have medical debt?
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Do people in other countries have medical debt?
Research based on available data from 2018 indicated that the amount of unaffordable health care by individuals in the USA (7.4\%) was considerably higher than European states such as France where only 1.9\% of people faced concerns regarding medical bills, Germany (2.4\%), the UK (1.4\%), the Netherlands (1.1\% and non- …
What country has the most bankruptcies?
In 2021, France is expected to record the highest number of business insolvencies of any country, with over 50 thousand businesses becoming insolvent during that year. This compares to 32 thousand businesses in the United States, 23,180 in Germany, and 20,250 in the United Kingdom.
Which country leads in medical debt?
The most common cause of medical debt, according to this study, was an unexpected refusal by insurance companies to pay for a medical procedure….Medical Bankruptcies by Country 2021.
| Country | 2021 Population |
|---|---|
| China | 1,444,216,107 |
| India | 1,393,409,038 |
| United States | 332,915,073 |
| Indonesia | 276,361,783 |
How many Americans are in debt due to medical expenses?
Fully half of Americans now carry medical debt, up from 46\% in 2020, according to new data from Debt.com, a consumer financial education company. More than half (57\%) of Americans with medical debt owe at least $1,000, driven by diagnostic tests, hospitalizations, and emergency room visits, the survey showed.
Which countries have defaulted on their debt?
Since the end of 2019, six countries (Argentina, Belize, Ecuador, Lebanon, Suriname, and Zambia) have defaulted on sovereign debt obligations. Public debt in emerging markets (excluding China) is expected to reach 61\% of GDP in 2021.
What country has the highest medical bills?
The United States
The United States: the world’s highest medical expenses The United States has the most expensive healthcare system of any country. A medical consultation with a general practitioner costs, on average, $190 or around €170.
What would happen if the US defaulted on its debt?
What happens if the U.S. defaults? If Congress doesn’t suspend or raise the debt ceiling, the government would not be able to borrow additional funds to meet its obligations, including interest payments to bondholders. The dollar’s value could collapse, and the U.S. economy would most likely sink back into recession.
What countries does the US owe money to?
Major foreign holders of U.S. treasury securities as of September 2021 (in billion U.S. dollars)
| Characteristic | Securities in billion U.S. dollars |
|---|---|
| Japan | 1,299.6 |
| China, Mainland | 1,047.6 |
| United Kingdom | 566.5 |
| Luxembourg | 311.8 |