Join Date: Oct 2007
Location: Ameritopia, U.S.S.A.
Quoted: 37 Post(s)
Total Points: 1,126,842,395,076,797.00
Originally Posted by Own3d
More than 60% of bankruptcies in America are caused by medical bills and 3/4 of those have medical insurance.
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Wow has it really changed that much in 4 years? Must be change
you can believe in.
Buried in the study is the fact that only 27 percent of the surveyed debtors had unreimbursed medical expenses exceeding $1,000 over the course of the two years prior to their bankruptcy. … Nobody likes to pay $1,000 in medical expenses even when they get two years to do it in, but for most Americans (particularly those with enough at stake to seek the protection of bankruptcy) it is not catastrophic.