Interesting stats on medical bankruptciesMedical bills are reported to be the number-one cause of U.S. bankruptcies. One study has claimed that 62.1% of bankruptcies were caused by medical issues. Another claims that over two million people are adversely affected by their medical expenses.
Also
... such as the survey results of people with employer-sponsored insurance by the Kaiser Family Foundation (KFF) / LA Times Survey in 2019. The study found that one in five people surveyed have been contacted by collection agencies, while 9% of those surveyed stated that they had declared personal bankruptcy due to medical expenses.
And
In 2011, researchers Tal Gross and Matthew Notowidigbo found that out-of-pocket medical costs influenced 26% of bankruptcies in low-income households.
Source & links in https://www.thebalance.com/medical-bankruptcy-statistics-4154729
Source: https://ourworldindata.org/grapher/life-expectancy-vs-health-expenditure
