Not-So-Fun Fact to Know and Tell

From New York Times columnist Jim Dwyer’s latest submission:

A study of 2007 bankruptcy filings found that nearly two-thirds were caused by medical bills. “Most medical debtors were well-educated, owned homes and had middle-class occupations,” according to the study, published in The American Journal of Medicine. “Three-quarters had health insurance.”

Paging Barack Obama, paging Pres. Barack Obama.

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1 Response to Not-So-Fun Fact to Know and Tell

  1. go figure's avatar go figure says:

    Fun fact of the day:

    The column is wrong. The study found that medical bills contributed to 57 percent of bankruptcies — that’s closer to one-half (50 percent) than two-thirds 66 (percent). An additional 5 percent filed bankruptcy partly because of loss of income due to illness and inability to work — bringing the total medical-related bankruptcies up to 62 percent — but that 5 percent is not related to medical bills.

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