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July 06, 2007
Something Michale Moore never told you
Illness and medical bills caused half of the 1,458,000 personal bankruptcies in 2001, according to a study published by the journal Health Affairs.
The study estimates that medical bankruptcies affect about 2 million Americans annually -- counting debtors and their dependents, including about 700,000 children.
Surprisingly, most of those bankrupted by illness had health insurance. More than three-quarters were insured at the start of the bankrupting illness. However, 38 percent had lost coverage at least temporarily by the time they filed for bankruptcy.(via those pinkoes at Consumer Affairs)
Makes you wish we lived in a kinder, more just nation, doesn't it?
Posted by Andrew at July 6, 2007 08:38 PM