1. when thinking about health care and affordable access, why is it significant that 62 percent of…

1. when thinking about health care and affordable access, why is it significant that 62 percent of bankruptcies are associated with medical bills? it shows that most people who could have health insurance don’t buy it. it shows that people are easily financially overwhelmed by medical bills. it shows that people in the united state are in worse health than those in other nations. it shows that government regulation of the health care industry does not impact the cost of medicine.

1. when thinking about health care and affordable access, why is it significant that 62 percent of bankruptcies are associated with medical bills? it shows that most people who could have health insurance don’t buy it. it shows that people are easily financially overwhelmed by medical bills. it shows that people in the united state are in worse health than those in other nations. it shows that government regulation of the health care industry does not impact the cost of medicine.

Answer

Brief Explanations:

The high percentage of bankruptcies due to medical bills indicates that the financial burden of healthcare is heavy for many. It implies that medical costs can quickly lead to financial distress. There is no indication in the statement about health - insurance purchase behavior, health comparison with other nations, or government regulation impact on medicine cost.

Answer:

It shows that people are easily financially overwhelmed by medical bills.