Study Links Medical Costs and Personal Bankruptcy


External link:* http://www.businessweek.com/bwdaily/dnflash/content/jun2009/db2009064_666715.htm?chan=top+news_top+news+index+-+temp_policy+%2Bamp%3B+government

Medical problems caused 62% of all personal bankruptcies filed in the U.S. in 2007, according to a study by Harvard researchers. And in a finding that surprised even the researchers, 78% of those filers had medical insurance at the start of their illness, including 60.3% who had private coverage, not Medicare or Medicaid.


Related numbers to fix: $1.65 Trillion, 75 Percent

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