medical bankruptcies in the US

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by Old Rocks, Oct 1, 2009.

  1. Old Rocks
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    Old Rocks Diamond Member

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    From the American Journal of Medicine;


    Changes in Medical Bankruptcy, 2001 to
    2007
    In our 2007 study, 69.1% of the debtors met the legacy
    definition of medical bankruptcy employed in our 2001
    study, a 22.9 percentage point absolute increase (49.6%
    relative increase) from 2001, when 46.2% met this definition
    (P .0001). (Inflation, which might edge families over
    our $1000 medical debt threshold, did not account for this
    change. An analysis that used all criteria except the size of
    medical debts found a 48.7% relative increase. An analysis
    limited to the 5 states in our 2001 study yielded virtually
    identical findings.
    In multivariate analysis, a medical cause of bankruptcy
    was more likely in 2007 than in 2001 (OR  2.38,
    P .0001) (Table 4).

    http://www.washingtonpost.com/wp-srv/politics/documents/american_journal_of_medicine_09.pdf
     
  2. Old Rocks
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    Old Rocks Diamond Member

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    Over 60 Percent Of All US Bankruptcies Attributable To Medical Problems
    ScienceDaily (June 5, 2009) — In 2007, before the current economic downturn, an American family filed for bankruptcy in the aftermath of illness every 90 seconds; three-quarters of them were insured. Over 60% of all bankruptcies in the United States in 2007 were driven by medical incidents. In an article published in the August 2009 issue of the American Journal of Medicine, the results of the first-ever national random-sample survey of bankruptcy filers shows that illnesses and medical bills contribute to a large and increasing share of bankruptcies. The share of bankruptcies attributable to medical problems rose by 50% between 2001 and 2007.
    Over 60 Percent Of All US Bankruptcies Attributable To Medical Problems
    ScienceDaily (June 5, 2009) — In 2007, before the current economic downturn, an American family filed for bankruptcy in the aftermath of illness every 90 seconds; three-quarters of them were insured. Over 60% of all bankruptcies in the United States in 2007 were driven by medical incidents. In an article published in the August 2009 issue of the American Journal of Medicine, the results of the first-ever national random-sample survey of bankruptcy filers shows that illnesses and medical bills contribute to a large and increasing share of bankruptcies. The share of bankruptcies attributable to medical problems rose by 50% between 2001 and 2007.
    Over 60 Percent Of All US Bankruptcies Attributable To Medical Problems
     
  3. Old Rocks
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    Old Rocks Diamond Member

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    Which, in turn, punctures the most persistent myth of all: that America has "the finest health care" in the world. We don't. In terms of results, almost all advanced countries have better national health statistics than the United States does. In terms of finance, we force 700,000 Americans into bankruptcy each year because of medical bills. In France, the number of medical bankruptcies is zero. Britain: zero. Japan: zero. Germany: zero.

    Myths About Healthcare Beyond the U.S. | Citizen 4.0
     
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  4. rdean
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    rdean rddean

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    The care itself is the finest. Getting the care is another matter. Republicans don't care if poor Americans die. Look at what the leader of their party, Rush Limbaugh said, "No Americans have died from not having health care."

    Republican Health Care policy, "Die quickly and save money".

    Are there no workhouses?
    Are there no prisons?
     
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  5. ba1614
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    ba1614 Silver Member

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    Just shut the fuck up, grow a pair, and pass your bullshit then. You don't need to tell anyone but your own party, but they are the ones that can't get along and get it done.
     
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  6. xsited1
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    xsited1 Agent P

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  7. alan1
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    alan1 USMB Mod Staff Member Supporting Member

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    I'm not sure how one makes the leap from "finest health care" to "bankruptcy". Does that mean that if I combine completely avoiding all medical care/costs and avoiding bankruptcy that I have fine health care? After all, I avoided medical bankruptcy, therefore I must have great medical care.
     
  8. Old Rocks
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    Old Rocks Diamond Member

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    Well, when you claim to have the finest health care in the world, but even third world nations are doing better that you in longevity, health in old age, and infant mortality, you have to question that claim. Add to the fact that the nations that are beating your socks off have no citizens going bankrupt because of medical bill, then that statement looks rather bankrupt.
     
  9. Oddball
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    zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
     
  10. Old Rocks
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    Old Rocks Diamond Member

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    Normal brain function for ol' Doooodeee.
     

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