Medical Bills Blamed On More Personal Bankruptcies
RENEE MONTAGNE, host:
NPR's business news starts with an unhealthy rate of bankruptcy.
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MONTAGNE: Medical bills are forcing more and more Americans into bankruptcy. A study out today from two major medical schools and Harvard Law School shows that medical bills are involved in more than 60 percent of personal bankruptcies in 2007. And that's a sharp jump from six years ago. Most of those in the study had health insurance but were still overwhelmed by thousands of dollars in health care bills.