Texas residents in their late 30s through their early 50s are more likely to have medical debt than any other generation. On average, Generation X owes more than $19,000 in medical debt compared to millennials, who owe $11,622 and baby boomers, who owe an average of just over $2,400. One in five people younger than 65 who have health insurance struggle to keep up with medical costs.
There are several things people can do to lower their health care costs. One of those steps is understanding the benefits. Medical costs may go up if a person goes to a provider who is out of the network or fails to seek a necessary referral. People may want to take some time to review the policy and call the insurance company about anything they don't understand.