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>Medical bankruptcies represent 62% of all personal bankruptcies. Only 4% of US bankruptcies are because of medical bills (https://www.washingtonpost.com/blogs
by TMWNN 6y ago
>Medical bankruptcies represent 62% of all personal bankruptcies.
Only 4% of US bankruptcies are because of medical bills (https://www.washingtonpost.com/blogs/post-partisan/wp/2018/03/26/the-truth-about-medical-bankruptcies/ https://www.washingtonpost.com/blogs/post-partisan/wp/2018/0...). A tipoff that [insert large percentage here] of bankruptcies aren't actually because of medical costs is that only 6% of bankruptcies by those without health insurance are because of that cause. The biggest cause of bankruptcies is lack of income, which health insurance doesn't affect.