Navigation Links
Mass. Health Reform Hasn't Halted Medical Bankruptcies
Date:3/8/2011

TUESDAY, March 8 (HealthDay News) -- The percentage of personal bankruptcies caused by medical bills or personal illness has changed only slightly since Massachusetts began requiring people to buy health insurance in 2006, a new study finds.

The finding challenges the Obama administration's claim that medical bankruptcies will decline under the new U.S. health care law, which is largely patterned after the Massachusetts law, according to the Harvard University researchers.

They found that the proportion of bankruptcies in Massachusetts that were medical-related dropped from 59.3 percent to 52.9 percent between early 2007 and mid-2009. This 6.4 percent decrease is non-significant, according to the study authors.

They also found that the actual number of medical bankruptcy filings in the state rose from 7,504 in 2007 to 10,093 in 2009.

"Health costs in the state have risen sharply since reform was enacted. Even before the changes in health care laws, most medical bankruptcies in Massachusetts -- as in other states -- afflicted middle-class families with health insurance. High premium costs and gaps in coverage -- co-payments, deductibles and uncovered services -- often left insured families liable for substantial out-of-pocket costs. None of that changed. For example, under Massachusetts' reform, the least expensive individual coverage available to a 56-year-old Bostonian carries a premium of $5,616, a deductible of $2,000, and covers only 80 percent of the next $15,000 in costs for covered services," the researchers wrote.

"Massachusetts' health reform, like the national law modeled after it, takes many of the uninsured and makes them underinsured, typically giving them a skimpy, defective private policy that's like an umbrella that melts in the rain: the protection's not there when you need it," lead author Dr. David Himmelstein said in a Physicians for National Health Reform news release.

He was an associate professor of medicine at Harvard Medical School when he conducted the research and is now professor of public health at City University of New York.

The study is published March 8 in the American Journal of Medicine.

More information

The U.S. Agency for Healthcare Research and Quality has more about health insurance.

-- Robert Preidt

SOURCE: Physicians for National Health Reform, news release, March 8, 2011


'/>"/>
Copyright©2010 ScoutNews,LLC.
All rights reserved  

Related medicine news :

1. Mass. General Hospital to create registry for coronary optical coherence tomography
2. Mass. Eye and Ear receives NEI grant renewal for growing clinical/scientists
3. Mass. General Hospital, Iacocca Foundation announce completion of Phase I diabetes trial
4. Researchers to study effects of Mass. health reform
5. Mass. doctor invents product to curb hospital-acquired infections
6. Mass. General enters collaboration to develop new approach to capturing circulating tumor cells
7. Carolinas HealthCare System Volunteers to Join Navy Rescue Mission in Haiti
8. SXC Health Solutions to Host Fiscal 2009 Fourth Quarter and Year End Results Conference Call
9. A New Website Series Improves Appearance and Health City by City
10. Diet-to-Go Welcomes 2 Key Philadelphia Fitness Centers as Partners-in-Health
11. Quantum Health Appoints Stark as Executive Vice President of Sales
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
Mass. Health Reform Hasn't Halted Medical Bankruptcies
(Date:6/25/2016)... ... ... closing of Bruton Memorial Library on June 21 due to a possible lice infestation, as ... of head lice: the parasite’s ability to live away from a human host, and to ... one in the event that lice have simply gotten out of control. , As lice ...
(Date:6/25/2016)... ... ... On Friday, June 10, Van Mitchell, Secretary of the Maryland Department of Health and ... their exemplary accomplishments in worksite health promotion. , The Wellness at Work Awards took ... the BWI Marriott in Linthicum Heights. iHire was one of 42 businesses to receive ...
(Date:6/24/2016)... ... ... Marcy was in a crisis. Her son James, eight, was out of control. Prone to ... , “When something upset him, he couldn’t control his emotions,” remembers Marcy. “If there ... my other children and say he was going to kill them. If we were ...
(Date:6/24/2016)... ... , ... Topical BioMedics, Inc, makers of Topricin and MyPainAway Pain Relief Products, join The ‘Business ... to $12 an hour by 2020 and then adjusting it yearly to increase at the ... minimum wage, assure the wage floor does not erode again, and make future increases more ...
(Date:6/24/2016)... ... 24, 2016 , ... Strategic Capital Partners, LLC (SCP) in ... investment capital for emerging technology companies. SCP has delivered investment events and ... more than a million dollars of capital investment for five companies. ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... , June 24, 2016 Research and ... Market for Companion Diagnostic Tests" report to their offering. ... for Companion Diagnostics The World Market for ... personalized medicine diagnostics. Market analysis in the report includes the ... Market (In Vitro Diagnostic Kits) by Region (N. America, EU, ...
(Date:6/24/2016)... 24, 2016  Arkis BioSciences, a leading innovator ... more durable cerebrospinal fluid treatments, today announced it ... funding is led by Innova Memphis, followed by ... private investors.  Arkis, new financing will accelerate the ... market release of its in-licensed Endexo® technology. ...
(Date:6/23/2016)... , June 23, 2016 ... "Pharmaceutical Excipients Market by Type (Organic Chemical (Sugar, ... Formulation (Oral, Topical, Coating, Parenteral) - Global Forecast to ... The global pharmaceutical excipients market ... at a CAGR of 6.1% in the forecast period ...
Breaking Medicine Technology: