Thursday 4 June 2009

Almost half of bankruptcies are due to illness in INSURED families

62.1 percent of personal bankruptcies in the U.S. are caused by medical disasters.

And three quarters of those families had insurance.

So do the math: 46 percent of bankruptcies are due to families who had insurance but were still wiped out by a catastrophic illness.

Do you need any more proof that the system is broken?

America's health care costs twice as much as it does elsewhere in the industrialized world because the insurance oligopoly, protected by Republican lawmakers, has been robbing us blind. And then they still don't do what they promise -- protect us from disaster.

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