Cancer patients more likely to file for bankruptcy

Despite new changes in health care law, cancer patients are still much more likely to file for bankruptcy.  The cost of treating cancer easily tops six-figures and compounding the problem is the fact that many receiving treatment are physically unable to work.  Even if an individual has insurance, the insurance company may not cover all life-saving procedures or tests.  Bankruptcy is an option to completely discharge medical debts that are often unavoidable, despite a patient’s best intentions in paying off the bills.

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