More Bankruptcy Looms Absent Comprehensive Health Care Reform

Written by Adam Peck Category: Nursing Homes January 17th, 2013 1 min read

As comprehensive health care reform has been stalled for several weeks now, progressive legislators, advocates and health care consumers across the country have been feeling a deep sense of frustration and outrage. The insurance industry and their conservative allies in Congress have used every tactic available to shift public debate away from the core reason insurance reform was needed in the first place: the denial of coverage to those with preexisting coverage, and the out-sized profits and administrative waste by insurance companies that has priced health care out of the reach of millions of Americans. Last year, there were 900,000 families that faced bankruptcy due to medical costs, and remarkably, of those 900,000, 75% (675,000) had insurance coverage indicates California Bankruptcy Attorney Steven C. Peck.

State legislative leaders across the country are using state campaigns against these insurance abuses to refocus public debate on the need for comprehensive reform. While fixing a few of those problems at the state level will help, almost all state leaders pushing these bills also recognize that long-term action on health care needs the support of federal reform for success or more citizens will be forced to file bankruptcy to discharge their medical debts.

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Written by Adam Peck

Expertise: Personal Injury

Adam J. Peck, ESQ is a principal with Peck Law Group, APC. In 2008, Mr. Adam Peck received his Juris Doctorate from Whittier Law School where he graduated Cum Laude. His practice is primarily dedicated to representing Elders, Dependent Adults, along with their loved ones and family members, who have suffered horrific personal injuries.