A: A Harvard study published in 2005 found that about half of those who filed for bankruptcy said health care expenses, illness or related job-loss led them to do so. Twenty-seven percent cited uncovered medical bills specifically, and 2 percent said they had mortgaged their home to pay what they owed.
... more on FactCheck.org after the click.
My comment: Of course, this only applies to the USA where Universal Health Care is considered socialism regardless of how pragmatic it may be as a solution to improving health care and allowing American industries to be competitive in the global market. Ideology trumps everything in some quarters.
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