How many Medical Bankruptcies were there in the past year?

As recently as 1981, only 8% of families filing for bankruptcy did so in the aftermath of a serious medical problem.1 By contrast, our 2001 study in 5 states found that illness ormedical bills contributed to about half of bankruptcies.2 Since then, the number of un- and underinsured Americans

has grown; 3 health costs have increased; and Congress tightened the bankruptcy laws.4...

Using a conservative definition, 62.1% of all bankruptcies in 2007 were medical; 92% of these medical debtors had medical debts over $5000, or 10% of pretax family income.

Tough talk from amother democrat tax cheat.

http://minnesota.publicradio.org/dis...1/accountants/

They pointed out multi-state tax filings can be intensely complicated, and accountants do mess up from time to time. But most of them also echoed Woodbury tax accountant Michael Shaffer.

"It really seemed like it was a rookie mistake," Shaffer said.

The mistake was that instead of paying taxes in the many states where he earned money from 2003 through 2006, Franken paid state income taxes only in the states where he lived -- New York and Minnesota. That meant he overpaid taxes in those two states, but shorted the other 17 states by more than $50,000.
Franken says he will pay those states now, plus interest and penalties, for a total of about $70,000. Then he'll file for a refund in Minnesota and New York.

I'll say this for Senator Franken he does come to school with his homework finished.

And 100% were caused by poor planning, borrowing more than they could afford. When 46% something are caused SOLELY by medical bills then we should talk. Remember by filing bankruptcy those people got their health care for free.

If a person gets into a car accident (for example) and needs hospitalization, there's a chance they could need extensive medical treatment, the bills could run into the 10's of thousands, maybe even into the 100's of thousands.

How does a person (insured or uninsured) plan for that?