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> So there's plenty of drama. Medical bankruptcy in particular is something that I don't think occurs anywhere else. I doubt the veracity of this oft-repeated
by vonmoltke 7y ago
> So there's plenty of drama. Medical bankruptcy in particular is something that I don't think occurs anywhere else.
I doubt the veracity of this oft-repeated meme, but I'll let Snopes provide the detailed analysis: https://www.snopes.com/fact-check/643000-bankruptcies-in-the-u-s-every-year-due-to-medical-bills/ https://www.snopes.com/fact-check/643000-bankruptcies-in-the...
I would appreciate similarly-detailed evidence to the contrary.
- opencl 7y agoThis paper from the American Journal of Public Health says ~530k/year. http://sci-hub.tw/https://doi.org/10.2105/AJPH.2018.304901 http://sci-hub.tw/https://doi.org/10.2105/AJPH.2018.304901
- mcv 7y agoThe summary of that Snopes article is that while medical bankruptcy in the US is indeed far more common than anywhere else, it's not entirely unheard of outside the US. Not all medical expenses are always covered, and disability can always lead to financial difficulties anywhere. Though medical bankruptcy is still significantly less common; in the US it's the leading cause of personal bankruptcies, in other countries it's a lesser cause.