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Study: Medical Bills Spur Slew of Personal Bankruptcies

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Study: Medical Bills Spur Slew of Personal Bankruptcies

Economy

Study: Medical Bills Spur Slew of Personal Bankruptcies

Study: Medical Bills Spur Slew of Personal Bankruptcies

  • Download
  • <iframe src="https://www.npr.org/player/embed/4475013/4475014" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

According to a new study from Harvard University, half of all personal bankruptcies filed in 2001 by Americans resulted from people being unable to pay their medical bills. Researchers say even more surprising is that most people who declared bankrupcy had health insurance.

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