Posted on August 13, 2009 23:46
Topics: Health Care Financing
Post Type: citation
This study found that 62.1 percent of all bankruptcies in 2007 were the result of medical expenses. The study, conducted by researchers at Harvard Law and Medical Schools, and Ohio University, found that over 75 percent of the bankrupt families had health insurance but were still unable to pay their medical debts
Himmelstein, D. U., Thorne, D., Warren, E., & Woolhandler, S. (2009). Medical bankruptcy in the United States, 2007: results of a national study. American Journal of Medicine, 122(8), 741-746. DOI: 10.1016/j.amjmed.2009.04.012 http://www.amjmed.com/article/S0002-9343%2809%2900404-5/abstract
Authors: David U. Himmelstein, Deborah Thorne, Elizabeth Warren, Steffie Woolhandler.
Download the full article from the Washington Post: http://www.washingtonpost.com/wp-srv/politics/documents/american_journal_of_medicine_09.pdf
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