Luddly Neddite
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- Sep 14, 2011
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http://insurancenewsnet.com/oarticl...ng-with-medical-de-a-518370.html#.U6S4DbFhsTB
Washington, DC - Senators Sheldon Whitehouse (D-RI) and Elizabeth Warren (D-MA) have introduced legislation to help families burdened by the costs of illness and injury. The Medical Bankruptcy Fairness Act of 2014 (S. 2471) would make the bankruptcy process more forgiving for those driven to insolvency by medical issues.
"Even families with quality health insurance coverage can be bankrupted by an illness or injury that causes lost work and income," said Whitehouse, who introduced similar legislation in a previous session of Congress. "Bankruptcy is meant to give people a fresh start and should not be a source of added hardship in a time of need. This legislation will make our bankruptcy system fairer for families who find themselves in financial straits through no fault of their own, and I thank Senator Warren for joining me in this effort."
"Far too many families are driven into bankruptcy in the aftermath of a serious medical problem, when hospital bills pile up or a family member loses a job," said Senator Warren. "I'm pleased to join Senator Whitehouse to introduce the Medical Bankruptcy Fairness Act. This bill will provide some relief for families facing crushing medical debt and help them get back on their feet through a fairer bankruptcy process."