Jun 5, 2009 ... Bankruptcies due to medical bills increased by nearly 50 percent in a six-year  period, from 46 percent in 2001 to 62 percent in 2007, and most of those who  filed for bankruptcy were ... "I'm not sure that it is correct to say that medical  problems were the direct cause of all of these bankruptcies," he says.
ABSTRACT. BACKGROUND: Our 2001 study in 5 states found that medical  problems contributed to at least 46.2% of all bankruptcies. Since then, health  costs ..... Table 2. Medical Causes of Bankruptcy, 2007*. Percent of All.  Bankruptcies. Debtor said medical bills were reason for bankruptcy. 29.0%.  Medical bills $5000 or ...
Jan 5, 2012 ... Sixty-two percent of all bankruptcies filed in 2007 were tied to medical expenses.  ... Using identical definitions in 2001 and 2007, the share of bankruptcies  attributable to medical problems rose by 49.6%. ... Income loss due to illness also  was common, but nearly always coupled with high medical bills.
Apr 22, 2016 ... A popular meme held that 643000 personal bankruptcies occurred in the U.S.  due to medical bills, but the underlying math was elusive. ... BACKGROUND: Our  2001 study in 5 states found that medical problems contributed to at least 46.2%  of all bankruptcies. Since then, health costs and the numbers of ...
Jun 3, 2009 ... Medical bills are behind more than 60 percent of U.S. personal bankruptcies,  U.S. researchers reported on Thursday in a report they said demonstrates that  healthcare reform is on the wrong track.
Sixty-two percent of all personal bankruptcies are "caused by medical problems."