Biblical Answer

A Biblical Perspective on Paying Off Medical Debt

Paying off medical debt can be a significant burden for many individuals. While the Bible does not explicitly address medical debt, we can draw principles from its teachings to guide our approach. First, let's consider the concept of debt in the Bible. Financial adviser Larry Burkett clarifies that the scriptural definition of debt is the inability to meet obligations agreed upon. This means that medical debt, which is often the result of unforeseen circumstances or unexpected expenses, can be considered a legitimate debt.

In the Bible, we find examples of debt forgiveness and cancellation. For instance, Jesus taught that if a person owes a neighbor a sum of money, the neighbor should forgive the debt, not just the principal amount, but also the interest (Matthew 6:12). This principle of forgiveness and cancellation is also reflected in the concept of the Jubilee year, where debts were cancelled and individuals were given a fresh start (Leviticus 25:8-55). While these examples are not directly applicable to medical debt, they do suggest that God values forgiveness and restoration over debt repayment. Therefore, if you are struggling to pay off medical debt, it may be worth exploring options for debt forgiveness or cancellation with your healthcare provider or lender.

In some cases, it may be possible to negotiate a payment plan or reduce the debt through refinancing. This approach is in line with the biblical principle of being a good steward of one's resources (Matthew 25:14-30). If you are unable to pay off the debt in full, it is essential to communicate with your lender or healthcare provider to discuss possible solutions. Additionally, consider seeking the advice of a financial counselor or advisor who can help you develop a plan to manage your debt and achieve financial stability. By being proactive and seeking help, you can work towards paying off your medical debt and restoring your financial well-being.