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by badpun 2827 days ago
> 500,000 - 1 million bankruptcies in the US a year

Really? So, assuming there's 125 million households in the US, a person has ~25-50% (derived with simple probabibility math) of becoming bankrupt over medical bills at some point of their life? That sounds like BS.

2 comments

A bit more than half of bankruptcies are medical. And you're forgetting that someone can declare bankruptcy multiple times in their life. But yes, it's a savage system.