You've said
this before, and it is as inaccurate now as it was then. Medical bills are the cause of about
5% of bankruptcies (pre ACA), not 62%.
"A recent Harvard University study showed that medical expenses account for approximately 62 percent of personal bankruptcies in the US. Interestingly, the study also showed that 72 percent of those who filed for bankruptcy due to medical expenses had some type of health insurance, thus debunking the myth that only the uninsured face financial catastrophes due to medical-related expenses."
Source - Top 10 Reasons People Go Bankrupt | The Huffington Post
"The Affordable Care Act may give more people access to health insurance, but experts don’t expect it to help solve a major problem in this country: medical bankruptcies. According to a 2013 study by NerdWallet Health, unpaid medical bills are expected to be the No.1 cause of bankruptcy filings, surpassing both credit card and mortgage debt."
Source - http://www.foxbusiness.com/features/2014/02/18/medical-bankruptcies-are-still-problem-here-what-to-expect.html
"The article by Himmelstein et al1 in this issue of the
The American Journal of Medicine documents that health care expenses were the most common cause of bankruptcy in the United States in 2007, accounting for 62% of US bankruptcies compared with 8% in 1981.2
Most bankruptcies occurred in middle-class citizens with health insurance, further evidence that our current health care system, based on for-profit, employment-based health insurance, is not working. Millions of Americans have limited access to health care because they cannot afford health insurance. Millions of others, such as those who have to file for bankruptcy because of health care costs, have inadequate health insurance. It is estimated that 1 in 5 Americans goes without health insurance or has inadequate health insurance.3
Why is the United States, one of the richest countries in the world, the only major industrial nation that is unable to provide access to health care to all its citizens? Are there any other nations whose citizens have to declare bankruptcy because of health care expenses?"
Source - American Journal of Medicine: Only in America: Bankruptcy Due to Medical Costs
Samclem, if you don't want to believe these sources from
The American Journal of Medicine and both the right and left media, then that is certainly your choice, but I am not interested in taking this thread off topic beyond this post. We will just have to agree to disagree.