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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (822698)	12/14/2014 6:29:38 PM
From: i-node	Read Replies (1) \| Respond to of 1578603

>> Um, $5k in medical bills is enough to push many people over the edge. It doesn't have to be only medical bills, you know. Right. And in fact, it ISN'T "only medical bills." It is almost all other stuff. Which is why the report was misleading. Because these aren't "medical bankruptcies" they're "consumer credit bankruptcies with a little medical tossed in because they could." A true analysis of the data would find that very few bankruptcies are actually "medical" bankruptcies. The reason is that most providers will work with patients who end up owing a lot of money. How many times have you seen a judgment entered against anyone over medical bills? Almost never. They may be reported to credit rating services but it makes little difference for people who living paycheck to paycheck.