Affordable Care Act, no evidence it prevented any Medical bankruptcies

Medical problems contributed to 66.5 percent of all bankruptcies according to a study published in the American Journal of Public Health, a percentage that is virtually unchanged since the passage of the ACA. Researchers found that yearly, 530,000 families filed bankruptcies linked to illness or medical bills. Debtors reported that medical bills contributed to 58.5 percent of bankruptcies, while illness-related income loss contributed to 44.3 percent; many debtors cited both of these medical issues.

Source: 67 percent of bankruptcy filers cite illness and medical bills as contributors to financial ruin

Categories: Misc....

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