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Health Insurance No Guarantee Against Ruin

Three-quarters of those bankrupted by medical costs were insured

By Matt Cantor,  Newser Staff

Posted Jul 1, 2009 8:06 AM CDT

(Newser) – As lawmakers weigh health-reform plans, it’s becoming increasingly clear that just having coverage won’t necessarily protect individuals from financial disaster, the New York Times reports. Some three-quarters of those bankrupted by health care costs were insured at the time of their ailment. “...   Read full story »

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