Medical care in the U.S. can be extremely costly. Some procedures cost much more than the average person earns in a year. These high costs often lead people into serious medical debt.
Even with health insurance, out-of-pocket expenses like deductibles, co-pays and non-covered services can quickly add up. As a result, millions of Americans face tough financial decisions after receiving necessary medical treatment.
Some of the costliest medical procedures
Some of the most expensive medical procedures in the U.S. include:
- Heart transplant – around $1.3 million
- Liver transplant – approximately $1.1 million
- Bone marrow transplant – about $950,000
- Double lung transplant – roughly $850,000
- Intestine transplant – close to $750,000
These are average costs before insurance. Costs can vary depending on the hospital, region and complexity of care.
The impact on personal finances
Many people struggle to afford these procedures, even with insurance. It’s estimated that over 20 million adults in the U.S. have medical debt of over $1,000. For some, this debt exceeds $10,000. Medical bills are among the leading causes of personal bankruptcy.
Managing medical debt
If you’re facing large medical bills, there are steps you can take. These include:
- Checking your bills for errors or duplicate charges
- Asking the providers about payment plans or financial assistance
- Considering bankruptcy if the debt becomes unmanageable
Being informed can make a significant difference. While some medical costs are unavoidable, taking early action may help reduce long-term financial damage. If you are struggling with medical debt, it can be helpful to seek legal guidance to explore your options.
