A 2009 study found approximately 62 percent of all personal bankruptcies in the United States are related to medical bills. 78 percent had health insurance, although many were bankrupted anyway due to gaps in coverage like co-payments and deductibles and uncovered services. Other people had private insurance but got so sick that they lost their job and lost their insurance. This study did not take into account other debts owed at the time of bankruptcy.
Posted on: Fri, 22 Nov 2013 18:34:47 +0000
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