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Will Obamacare Reduce the Need for "Medical Bankruptcies" in Michigan?
Posted by AcclaimLegalService
One of the main talking points of health care reform and the Affordable Care Act, often referred to as "Obamacare," was that increasing healthcare coverage would prevent people from falling into bankruptcy due to medical bills they could not afford to pay. Studies suggest that medical bills are the number one reason for filing bankruptcy, outpacing other common factors such as credit card bills…
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Five years ago I was in so much debt that I couldn’t think straight. I wasn’t eating or sleeping properly. Then I lost one of my jobs (neither one was paying very much, just a bit over minimum wage). I began to be late on my house notes every month. I got into a car accident which threw me behind…