Tuesday, June 9, 2009

Medical Bankruptcies on the Rise

Medical bankrupties on the rise
June 9th, 2009, 6:00 am · 4 Comments · posted by Courtney Perkes

A new study from Harvard University finds that 62 percent of bankruptcies are caused by medical bills - a 50 percent increase since 2001. Based on that rate, medical bankruptcies this year will total 866,000 and involve 2.3 million Americans – about one person every 15 seconds.

The complete story can be found in The OC Register.

Cheers ~ Julia

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