Mon, 18 March 2013
The US is the only wealthy nation in which people go bankrupt because of illness and medical costs. More than 62% of personal bankruptcies are due to medical debt and nearly 80% of those who went bankrupt had health insurance. But people are working to change that. Thomas Gokey is a member of Strike Debt Rolling Jubilee that is raising funds to erase debt. More than that, they provide tools so that people can understand how debt works in their communities and how to resist it. Dr. Steffie Woolhandler is a co-founder of Physicians for a National Health Program and is author of several leading studies on medical bankruptcy. She explains why medical debt occurs, the impact of medical costs on health and how the national health law will affect medical debt and bankruptcy. She advocates for a national single payer health program. See ClearingtheFOGRadio.org for more information.