Study: despite ACA, medical debt soon to be No. 1 bankruptcy cause
If you’ve been following this blog for a while, you’re well aware that having good health insurance doesn’t necessarily mean that an injury, a chronic health condition or a sudden illness won’t cause you financial problems. Overwhelming medical debt has long been a common trigger for bankruptcy, and a recent study using 2013 data predicts […]
Even for those with insurance, medical debt can be a problem
One of our most important themes in this blog is that medical debt is one of the leading causes of bankruptcy. As we discussed in our December 6 post, the ever-rising cost of health care has made medical bills a bitter pill to swallow for large numbers of Americans. Many of the people struggling with […]