3 ms·
> 500,000 - 1 million bankruptcies in the US a year Really? So, assuming there's 125 million households in the US, a person has ~25-50% (derived with simple pr
by badpun 8y ago
> 500,000 - 1 million bankruptcies in the US a year
Really? So, assuming there's 125 million households in the US, a person has ~25-50% (derived with simple probabibility math) of becoming bankrupt over medical bills at some point of their life? That sounds like BS.
- AllegedAlec 8y agohttps://www.thebalance.com/medical-bankruptcy-statistics-4154729 https://www.thebalance.com/medical-bankruptcy-statistics-415...
- phonebanshee 8y agoA bit more than half of bankruptcies are medical. And you're forgetting that someone can declare bankruptcy multiple times in their life. But yes, it's a savage system.