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Rise In Bankruptcies Tied To Medical Costs
ResumeThe number of bankruptcies tied to medical costs in the United State is on the rise.
A Harvard University study out Thursday shows a 50 percent increase in such bankruptcies between 2001 and 2007. The vast majority of the 2,300 bankruptcy filers surveyed had health insurance when their medical problems began.
Study co-author Steffie Woolhandler, an associate professor of medicine at Harvard, spoke with WBUR's Delores Handy about the findings.
This program aired on June 4, 2009.