Over 60 Percent Of All US Bankruptcies Attributable To Medical Problems

In 2007, before the current economic downturn, an American family filed for bankruptcy in the aftermath of illness every 90 seconds; three-quarters of them were insured. Over 60% of all bankruptcies in the United States in 2007 were driven by medical incidents. The results of the first-ever national random-sample survey of bankruptcy filers shows that illnesses and medical bills contribute to a large and increasing share of bankruptcies. Read full story via Dentistry Medical News.

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Posted by admin on Jun 16 2009. Filed under Health News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.