Although health care has generated many debates over the last few years, there's one thing everyone can agree on: Costs are rising. At the same time, many people's incomes have not increased enough to offset rising medical costs. The reality is that a persistent health problem or catastrophic medical event can have major financial consequences.
One of the most talked-about issues over the last several years has been the rising cost of health care. Meanwhile, thousands of Americans are dealing with the major financial burden of unexpected medical costs, which can accumulate as high-interest debt.