More than one in five adults (21%) reports currently having an overdue medical bill, and almost as many (19%) report experiencing serious financial consequences in the past five years due to medical bills. Fifteen percent of adults report being contacted by a collection agency because of medical bills; 12% have used “all or most” of their savings due to medical bills; 8% report borrowing money or taking out a second mortgage to cover medical bills; and 3% have declared bankruptcy due to medical bills.