One study from the Medical Billing Advocates of America estimates up to 80% of medical bills have mistakes. The CFPB found that 58% of all third-party debt collection on consumer credit reports was for medical bills. The complexity of medical billing also makes it prone to errors. Medical debt is the most common debt in collection. More from Personal Finance: IRS halts processing of a small business tax break amid 'surge of questionable claims' Average Social Security retirement benefit may grow by some $57 per month in 2024 Student loan borrowers at risk of scams as payments restart, says FTC Personal Loans for 670 Credit Score or Lower
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