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Steven Perez
Wonk Room » 78 Percent Of Bankruptcy Filers Burdened By Healthcare Expenses Had Health Insurance - http://wonkroom.thinkprogress.org/2009...
Wonk Room » 78 Percent Of Bankruptcy Filers Burdened By Healthcare Expenses Had Health Insurance
"For 92% of the medically bankrupt, high medical bills directly contributed to their bankruptcy. Many families with continuous coverage found themselves under-insured, responsible for thousands of dollars in out-of-pocket costs. Others had private coverage but lost it when they became too sick to work. Nationally, a quarter of firms cancel coverage immediately when an employee suffers a disabling illness; another quarter do so within a year. Income loss due to illness also was common, but nearly always coupled with high medical bills." - Steven Perez from Bookmarklet
People happy with their insurance tend to not be the ones who've needed it... - Andrew C
People are happy with their insurance until the insurance company drops them for having an expensive chronic disease. - Piaw Na