While accurate data is hard to assemble, it now looks like around 8-10% of people who are 'self-paying' for private medical treatment are borrowing the money.
As the Tory defunding strategy has pushed more people into the arms of private healthcare so their chums in financial services are also starting to garner some more business.
That desperate people are being forced into indebtedness to pay for treatment is a sad confirmation of the Tory's strategy of wrecking the NHS.
The #Biden admin will announce rules to block #MedicalDebt from being used to evaluate #borrowers’ fitness for #mortgages & other types of #loans.
…The WH has repeatedly focused on the issue of #medical #debt, saying it disproportionately harms low-income Americans & communities of color.
“This is going to be an enormous relief for so many people battling #bills when it comes to medical visits,” CPFB dir Rohit Chopra said….
#equity #economy #finance #BidenHarris2024
https://www.washingtonpost.com/health/2024/06/11/biden-cfpb-medical-debt/
A China-Africa summit in Beijing takes place as a continent slowly emerging from a series of defaults seeks to define its future cooperation with the Asian nation that partly fueled its debt binge and now faces its own economic headwinds. https://www.japantimes.co.jp/news/2024/09/05/asia-pacific/politics/china-africa-summit-analysis/ #asiapacific #politics #china #africa #investments #debt
