The Leading Cause of Bankruptcy in the U.S.

In today’s economy, serious medical diagnoses don’t just take physical and emotional tolls—they can also leave many patients with extreme financial difficulties. In fact, medical treatment was responsible for 62% of bankruptcy cases in 2007.

This news report shares the story of a breast cancer patient whose family faced dire financial problems following her diagnosis. As her husband’s company was going out of business, her family was left with no medical coverage to pay for treatment. The family had to use what limited income they had to afford everyday expenses like food and rent.