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. ... Money, Cash, Throes . A popular meme holds that 643,000 Americans go bankrupt every year over  medical bills, but the underlying math is elusive. 2K ...
Mar 24, 2015 ... A recent Harvard University study showed that medical expenses account for  approximately 62 percent of personal bankruptcies in the US. Interestingly, the  study also showed that 72 percent of those who filed for bankruptcy due to  medical expenses had some type of health insurance, thus debunking the ...
Dec 18, 2008 ... Q: What is the percentage of total personal bankruptcies caused by health care  bills? ... the likely-to-be head of HHS, Tom Daschle, used the same figure in his  book on health care, writing: "No wonder medical bills are the leading cause of  bankruptcy in the United States, accounting for about half of them.
Jun 25, 2013 ... Rising medical bills are likely to force many people to file for bankruptcy—making  it the single biggest cause of such filings, according to new data from NerdWallet.  Even those ... "A lot of Americans are struggling with medical bills," said  NerdWallet Health Vice President Christina LaMontagne. NerdWallet ...
May 2, 2017 ... Since the Affordable Care Act was introduced, the number of personal  bankruptcies has dropped in half, a Consumer Reports analysis found. ... Austin's  research found that comprehensive medical coverage in Massachusetts had all  but eliminated medical bills as a cause for bankruptcy. “Not only in ...
Half of all personal bankruptcies in America "are caused by medical bills."