Archive for February, 2005

Medical Bankruptcy

Wednesday, February 2nd, 2005

An umbrella that melts in the rain WASHINGTON (Reuters) - Half of all U.S. bankruptcies are caused by soaring medical bills and most people sent into debt by illness are middle-class workers with health insurance, researchers said on Wednesday.

“Our study is frightening. Unless you’re Bill Gates you’re just one serious illness away from bankruptcy.”

Medical Bankruptcy

Wednesday, February 2nd, 2005

An umbrella that melts in the rain WASHINGTON (Reuters) - Half of all U.S. bankruptcies are caused by soaring medical bills and most people sent into debt by illness are middle-class workers with health insurance, researchers said on Wednesday.

“Our study is frightening. Unless you’re Bill Gates you’re just one serious illness away from bankruptcy.”