A.C.A. drove down personal bankruptcy: Consumer Reports

Summary: “As legislators and the executive branch renew their efforts to repeal and replace the Affordable Care Act this week, they might want to keep in mind a little-known financial consequence of the ACA: Since its adoption, far fewer Americans have taken the extreme step of filing for personal bankruptcy,” Allen St. John writes over […]

Medical debt causes 52% of debt collections: Federal and Kaiser Foundation figures

Summary: The Affordable Care Act has made health insurance available to many people who were uninsured, but the cost has been high for many. The most common insurance plans purchased under the A.C.A. tend to have lower premiums, which mean higher deductibles — leaving individuals on the hook for hefty payments, in some cases. Good […]

Washington state cancer patients at risk for bankruptcy: Health Affairs

Filed Under: Costs, Patients, Providers

“Much has been written about the relationship between high medical expenses and the likelihood of filing for bankruptcy, but the relationship between receiving a cancer diagnosis and filing for bankruptcy is less well understood. “We estimated the incidence and relative risk of bankruptcy for people age twenty-one or older diagnosed with cancer compared to people […]

Remember the uninsured?

Filed Under: Costs, Patients, Providers

Remember the uninsured?

The continued stream of dispiriting news about rising health costs sometimes threatens to overwhelm us. Uninsured people are able to pay for about 12 percent of their hospitalization bills, according to a report released yesterday by the Department of Health and Human Services. The bills that go unpaid are then passed on to people who […]