>Medical bankruptcies represent 62% of all personal bankruptcies. The 62% number generally comes from: https://www.amjmed.com/article/S0002-9343%2809%2900404-5

>Medical bankruptcies represent 62% of all personal bankruptcies. The 62% number generally comes from: https://www.amjmed.com/article/S0002-9343%2809%2900404-5/pdf https://www.amjmed.com/article/S0002-9343%2809%2900404-5/pdf Table 2 Debtor said medical bills were reason for bankruptcy 29.0% Medical bills >$5000 or >10% of annual family income 34.7% Mortgaged home to pay medical bills 5.7% Medical bill problems (any of above 3) 57.1% Debtor or spouse lost >=2 weeks of income due 38.2% to illness or became completely disabled Debtor or spouse lost >=2 weeks of income to 6.8% care for ill family member Income loss due to illness (either of above 2) 40.3% Debtor said medical problem of self or spouse 32.1% was reason for bankruptcy Debtor said medical problem of other family 10.8% Any of above 62.1%