OT: How the ACA drove down personal bankruptcy

[Alan Baker]

'As legislators and the executive branch renew their efforts to repeal
and replace the Affordable Care Act this week, they might want to keep
in mind a little-known financial consequence of the ACA: Since its
adoption, far fewer Americans have taken the extreme step of filing for
personal bankruptcy.

Filings have dropped about 50 percent, from 1,536,799 in 2010 to 770,846
in 2016 (see chart, below). Those years also represent the time frame
when the ACA took effect. Although courts never ask people to declare
why they’re filing, many bankruptcy and legal experts agree that medical
bills had been a leading cause of personal bankruptcy before public
healthcare coverage expanded under the ACA. Unlike other causes of debt,
medical bills are often unexpected, involuntary, and large.'

<http://www.consumerreports.org/personal-bankruptcy/how-the-aca-drove-down-personal-bankruptcy/>

[Carbon]

This should be required reading for the ideologues on the right. The
backlash is going to be severe when voters see measurable harm being done
as a result of Republican changes to the ACA.

[John B.]

The bill should have been required reading for House Republicans,
but most of them didn't read it before voting for it. And you can
the farm that Trump hasn't read it and has no idea what's in it.

[Dene]

Create a thread and link without Baker and I'll be happy to read it.

[Alan Baker]

Coward.