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Healthcare and Bankruptcy

Harvard Law Professor Elizabeth Warren discussing the statistical links between health care and bankruptcy.

75% of the families who ended up in bankruptcy in the aftermath of a serious medical problem had health insurance at the onset of the illness or accident that ultimately landed them in bankruptcy; they had health insurance - in other words they played by the rules in every possible way - got a good education, got a good job, bought a home, had health insurance and yet the system is so misdesigned in terms of how big the bills can be and how narrow the protection from health insurance is.

6 Minute Video

Posted 20/08/08
 

 

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