Illness and Injury as Contributors to Bankruptcy
@article{Himmelstein2005IllnessAI, title={Illness and Injury as Contributors to Bankruptcy}, author={D. Himmelstein and E. Warren and D. Thorne and S. Woolhandler}, journal={Experimental & Empirical Studies eJournal}, year={2005} }
In 2001, 1.458 million American families filed for bankruptcy. To investigate medical contributors to bankruptcy, we surveyed 1,771 personal bankruptcy filers in five federal courts and subsequently completed in-depth interviews with 931 of them. About half cited medical causes, which indicates that 1.9-2.2 million Americans (filers plus dependents) experienced medical bankruptcy. Among those whose illnesses led to bankruptcy, out-of-pocket costs averaged dollar 11,854 since the start of… CONTINUE READING
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