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  • Obamacare helped make a 50% dent in personal bankruptcies

    MarketWatch - 05/03/2017

    A 2009 Harvard study estimated medical issues were responsible for 62% of bankruptcies, while a 2013 NerdWallet analysis based on the Harvard study came to a more conservative conclusion, or 57%. (Another study, done at Northeastern University, found a far lower rate, or 18% to 25%.)

    The problem with looking at medical bankruptcy specifically is the same as deducing the cause of personal bankruptcy more generally: there isn’t always one reason.

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