Monday, June 8, 2009

Medical bills prompt more than 60 percent of U.S. bankruptcies - CNN.com

Medical bills prompt more than 60 percent of U.S. bankruptcies - CNN.com
"Unless you're a Warren Buffett or Bill Gates, you're one illness away from financial ruin in this country," says lead author Steffie Woolhandler, M.D., of the Harvard Medical School, in Cambridge, Mass. "If an illness is long enough and expensive enough, private insurance offers very little protection against medical bankruptcy, and that's the major finding in our study."

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