Thursday, June 4, 2009

Study: Medical Bills Underlie 60 Percent Of U.S. Bankruptcies - Kaiser Health News

 

"Medical bills are involved in more than 60 percent of U.S. personal bankruptcies, an increase of 50 percent in just six years, U.S. researchers reported on Thursday," according to Reuters. The researchers found that "more than 75 percent of these bankrupt families had health insurance but still were overwhelmed by their medical debts." Most of them were "well-educated, owned homes and had middle-class occupations," the researchers from Harvard Law School, Harvard Medical School and Ohio University wrote in the American Journal of Medicine………
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Study: Medical Bills Underlie 60 Percent Of U.S. Bankruptcies - Kaiser Health News

1 comment:

caring for seniors said...

Woah! This is quite alarming. This is an issue the government and health care agencies should look into or else a lot of people will be having trouble putting food on the table. Something should be done to lower the medicine prices, doctor fees, and hospital bills. This way, anyone can easily avail of their health care needs.