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Are medical Bills The Reason For Bankruptcy Filings?

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Here is more on the medical issue:

The idea that large numbers of Americans are declaring bankruptcy due to medical expenses is a myth.  Therefore, the introduction of government-run health insurance in the United States will do nothing to reduce personal bankruptcies, concludes a new study by the Fraser Institute.

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http://www.ncpa.org/sub/dpd/index.php?Article_ID=18175

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3 Comments

  1. Martha wrote:

    The US government should take some inspiration from the system of Spain. Spanish government provides good support for their sick and unemployed citizens.

    Friday, July 17, 2009 at 5:42 am | Permalink
  2. Thank you. The nationalization of insurance sector in united states will not be useful to the customers.

    Friday, July 17, 2009 at 7:57 am | Permalink
  3. Allan from Rabbit Insurance wrote:

    I’d had always believed it was true that most if not many of the reasons for bankruptcy was due to medical expenses.

    Saturday, July 18, 2009 at 7:49 am | Permalink

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