>> She works for NerdWallet?
No, but she started it with the "Harvard Study" in 2009 that made the original claim, which was an outright lie based on laughable statistics. Outrageously designed to mislead the American public who, like yourself, are mostly ignorant of the subject matter.
If you look at the actual "Nerdwallet" report under "methodology", you find this:
Bankruptcy: We relied on a widely cited Harvard study published in 2009. NerdWallet Health chose to include only bankruptcy explicitly tied to medical bills, excluding indirect reasons like lost work opportunities. Thus we conservatively estimated medical bankruptcy rates to be 57.1% (versus the authors’ 62.1%) of US bankruptcies. We also used official bankruptcy statistics, released this month through March 2013, from US Courts.
Elizabeth Warren's bogus report.
With an example even YOU should be able to understand and admit was a lie, if a bankruptcy petition listed, for example, $10,000 in medical bills with, for example, $200,000 in consumer credit cards, it was considered a "medical bankruptcy". Obviously, just about every personal bankruptcy petition is going to have SOME medical bills.
So, Warren's bogus study was one component of The Big Lie about health care. But one that was highly relied upon, by everyone from the Obama administration to, as you can see, "Nerd Wallet", whoever in the hell that is.
Bonafide "medical bankruptcies" are a relatively small proportion of the total, although they do occasionally happen. |
