Medical debt is one of the most common causes of personal bankruptcy in the United States. Although many people mistakenly think that bankruptcy results from irresponsible spending or an unrealistically lavish lifestyle, the truth is that more than 60 percent of personal bankruptcies are rooted in unaffordable medical bills.
Sadly, many families - even those with insurance coverage - are just one serious illness away from financial crises. Medical care is supremely expensive, and insurance rarely covers the whole cost.





