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.