Over 60% of US bankruptcies due to medical incidents
Over 60 percent of all US bankruptcies attributable to medical problems – Most victims are middle class, well-educated and have health insurance. – 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.