Re:Half of all adults in the world have less than $2,300 in ...
by refurb on Thursday June 07, 2018 @03:15PM
(#17259180)
The correct stat is "50% of all bankruptcies include medical debt". That doesn't mean the medical debt caused the bankruptcy. It could be a $10 co-pay they didn't pay, but the $50,000 in credit card debt that sank them.
Keep in mind, health problems are actually a major cause of bankruptcy in countries with universal coverage like Canada as well. It's nice when your healthcare is paid for, but if you can't work, bankruptcy is a major problem as well.
Keep in mind, health problems are actually a major cause of bankruptcy in countries with universal coverage like Canada as well. It's nice when your healthcare is paid for, but if you can't work, bankruptcy is a major problem as well.