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Further sad economic news that will get even worse..

Thursday, September 25, 2008
 
More deflating news. The NY Times reports on how unpaid medical bills are creating more of a strain for families, according to a new study from the Center for Studying Health System Change.

The study shows a striking increase in the number of families with medical debt. Here are the highlights:
  • 57 million Americans were in families that had problems paying medical bills last year -- a 33% increase from five years ago;
  • 75% of people with medical debt *had* health insurance;
  • 20% of those with medical bill problems considered filing bankruptcy. About 4% followed through with it (2.2 million Americans).

This study comes out as we see that health care premiums continue to outpace our stagnant wages. Health care, sadly, is becoming a luxury.

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posted by Hanh Kim Quach | Permalink | 1:33 PM


 
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Anthony Wright is the executive director,
with a background as a consumer advocate and community organizer on many issues, including health issues for the last ten years in California and New Jersey.


 
Hanh Kim Quach is the policy coordinator; previously serving as
a newspaper reporter covering the Capitol for the Orange County Register and other papers for eight years