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62% bankruptcies in US are caused by medical bills


Guest A Fixed Game
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Guest A Fixed Game

Harvard researchers say 62% of all personal bankruptcies in the U.S. in 2007 were caused by health problems—and 78% of those filers had insurance. The bankruptcies were mainly middle class families before medical disaster hit. Two-thirds owned their home and three-fifths had gone to college.

 

The United States is the only industrialized nation in the world without a universal health care system. Why?

 

Very simply, because the current system has been created and shaped by those who have a vested interest in profiting from a health industry. For example, I’m curious if the concept of a preexisting condition exists anywhere else in the world. (does anyone know?) In any case, it is beyond backwards.

 

Isn’t the point of health care to help sick people and not turn them away?

 

The way in which we treat the weakest among us says more about the health of our society than anything else– even voting patterns. Health care is not just a debate about premiums or public vs. private it is a debate about our democracy and our core values as a nation.

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