Medical Expense-caused Bankruptcy
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A Medical Expense-caused Bankruptcy is a personal economic bankruptcy due to medical bills.
- Context:
- It can be associated to a Medical Expense-based Bankruptcy Rate Measure.
- ...
- Example(s):
- Counter-Example(s):
- a Reduced Income-caused Bankruptcy (due to reduced income).
- See: Personal Event, Middle-Class Household Bankruptcy.
References
2018
- (Dobkin et al., 2018) ⇒ Carlos Dobkin, Amy Finkelstein, Raymond Kluender, and Matthew J. Notowidigdo. (2018). “Myth and Measurement-The Case of Medical Bankruptcies.” The New England journal of medicine 378, no. 12
- ABSTRACT: Though there is compelling evidence that medical expenses do cause bankruptcies in the United States, they may cause far fewer than has been claimed. Overemphasizing such events may distract from an understanding of the true nature of health-related economic hardship.
2012
- (Sugden, 2012) ⇒ R. Sugden. (2012). "Sick and (still) broke: Why the Affordable Care Act won't end medical bankruptcy." In: Wash. UJL & Pol'y, HeinOnline.
- NOTE: It examines the impact of the Affordable Care Act on medical bankruptcy, detailing profiles of those affected by medical bankruptcy, including issues like medical expenses and lost income during illness.