Medical bills are a major cause of bankruptcy.
That is why we continue to follow the issue of medical debt in this blog. In our September 13 post, for example, we discussed how the advent of health insurance exchanges under the Affordable Care Act could affect decisions to file bankruptcy.
After all, as we pointed out, there are about 6 million Texans who do not have health insurance - and are therefore one catastrophic accident or serious illness away from potential problems with medical bills.
In this post, we will take note of how hospital bills continue to go up, putting ever-more strain on ordinary families from medical debt.