Re:The euro has tumbled near parity to the US dollar
by aabhay on Monday July 11, 2022 @05:35PM
(#32062221)
Yup. Canadians don't go bankrupt because of medical bills (the #1 leading cause of bankruptcies in the US)
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Re:The euro has tumbled near parity to the US dollar
by rmatt2000 on Monday July 11, 2022 @05:43PM
(#32062327)
> #1 leading cause of bankruptcies in the US
This isn't true. A certain well-known politician made this claim, but it turns out she counted everyone who had medical debt when they declared personal bankruptcy as a "bankruptcy caused by medical debt." If someone gambled away their home and incidentally had an unpaid doctor's bill, it's a stretch to call that a medical bankruptcy.
https://www.theatlantic.com/business/archive/2009/06/why-eli...
Re:The euro has tumbled near parity to the US dollar
by TMWNN on Monday July 11, 2022 @10:47PM
(#32064983)
To expand on your comment, only 4% of US bankruptcies are because of medical bills <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.
Re:The euro has tumbled near parity to the US dollar
by threads2 on Monday July 11, 2022 @05:47PM
(#32062399)
"medical-debt-related" bankruptcy then. To your point, wonder if it's higher than any other ___-related bankruptcies (anyone have data on that?)