18-40 Segment 1: Health Crises and Financial Disaster

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Medical bills have long been labeled the number one cause of bankruptcy in the US. A recent study has examined how medical crises produce personal financial disaster. Researchers say for the uninsured, medical bills are, indeed, a heavy burden. But for both insured and uninsured, illness or injury can cause disruption of employment that may linger for years, and from which family finances may never recover. Experts discuss causes and possible solutions to the problem.

Guests:

    • Dr. David Himmelstein, Distinguished Professor of Public Health, City University of New York at Hunter College
    • Dr. Matthew Notowidigdo, Associate Professor of Economics & Strategy, Northwestern University

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