Imagine if grocery stores let customers rack up debt and then Congress decided to cancel it.
We'd see more and more growth in that debt and a drop in quality and variety.
Why?
Because when the government steps in to pay, nobody cares about what the consumers want anymore.
This is precisely what canceling medical debt would do, ultimately harming all patients and Americans.
Do you think canceling medical debt is the right move?
Ge Bai, PhD, CPA, Professor of Accounting and Health Policy at Johns Hopkins University in Washington, DC, testified before the Senate HELP Committee.
