Bankruptcy in America

BANKRUPTCY in America of U.S Personal Bankruptcies 1900-2004 (per 1,000 population) 6. 4 0. 1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 STATE US BANKRUPTCY FILING STATISTICS-2012 1-1.9 2-2.9 3-3.9 4-4.9 5-5.9 6+ WA MT ND ME OR MN NY MA CT SD WI WY IA RI PA NE OH NEW YORK UT WASHINGTON D.C CA KS MO VA NC TN AZ OK NM AR MS AL GA TX Bankruptcies per 1000 residents REASON FOR DECLARING BANKRUPTCY 2 OUT OF 3 Bankruptcies are from Medical Bills Three states account for over 4 of those living in medical-related bankruptcy: ILLINOIS FLORIDA CALIFORNIA 248,002 113,524 99,780 THIS YEAR 1 IN 5 AMERICAN ADULTS 1 IN 10 AMERICAN ADULTS WILL BE CONTACTED WILL STRUGGLE TO PAY MEDICAL BILLS BY COLLECTIONS AGENCIES FOR UNPAID MEDICAL BILLS WILL THE AMERICAN CARE ACT HELP? of medical bankruptcies 78% were from people who had health insurance AND A MANHATTAN INSTITUTE STUDY has Found Under the American Care Act Individual 41% -Market Premiums Will Increase By an AVERAGE OF 4 1% BankruptcyDEBT.com http://www.stlouisfed.org/publications/br/artides/?id=563#1 http://www.creditcards.com/credit-card-news/state-us-bankruptcy-fling-statistics-2012-1276.php http://www.nerdwallet.com/blog/health/2014/03/26/medical-bankruptcy/ http://www.forbes.com/sites/theapothecary/2013/11/04/49-state-analysis-obamacare-to-increase-individual- market-premiums-by-avg-of-41-subsidies-flow-to-elderly/ http://www.cnn.com/2009/HEALTH/06/05/bankruptcy.medical.bills/