Sixty-seven percent of people who file for bankruptcy do it because of medical reasons. This rings loud to me because when I was 16, my dad was diagnosed with multiple myeloma. He had a bone marrow transplant, chemo, radiation and very expensive medications resulting in $1.2 million in billed claims. Even though my parents both had health insurance through their jobs, my family had to file bankruptcy. I was young, but I can still remember overhearing my parents' conversations filled with worry and disbelief–but above all, confusion.
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