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ElwoodBlues · M
[b]Interesting stats on medical bankruptcies[/b]
[quote]Medical 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. [/quote]
Also
[quote]... 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.[/quote]
And
[quote]In 2011, researchers Tal Gross and Matthew Notowidigbo found that out-of-pocket medical costs influenced 26% of bankruptcies in low-income households.[/quote]
Source & links in https://www.thebalance.com/medical-bankruptcy-statistics-4154729
[quote]Medical 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. [/quote]
Also
[quote]... 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.[/quote]
And
[quote]In 2011, researchers Tal Gross and Matthew Notowidigbo found that out-of-pocket medical costs influenced 26% of bankruptcies in low-income households.[/quote]
Source & links in https://www.thebalance.com/medical-bankruptcy-statistics-4154729