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Health » Half of Bankruptcy Due to Medical Bills -- U.S. Study
Feb 02, 2005

Reuters

The study, published in the journal Health Affairs, estimated that medical bankruptcies affect about 2 million Americans every year, if both debtors and their dependents, including about 700,000 children, are counted.
"Our study is frightening. Unless you're Bill Gates (news - web sites) you're just one serious illness away from bankruptcy," said Dr. David Himmelstein, an associate professor of medicine at Harvard Medical School (news - web sites) who led the study.

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