My colleague Craig Kuehn is blogging about the increase of medical bankruptcies.  He says:

• 62.1 percent of all bankruptcies have a medical cause.

• Most medical debtors had health insurance, were well-educated and were middle-class.

• Insolvency attributable to medical problems rose by 50 percent between 2001 and 2007.

Anyone who is a citizen of this country should be ashamed of these numbers. The richest country in the world is failing its people. And in spite of this and other evidence that health care in this country is broke, Congress dithers. Medical costs continue to skyrocket with no end in sight. This will force more and more people into bankruptcy

If this piques your interest, you can read more here.

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