In Ohio and elsewhere, catastrophic injuries can lead to catastrophic financial health. A recent study shows that hundreds of thousands of people who suffered unexpected major injuries had medical expenses amounting to more than their annual income. This may indicate why so many bankruptcy filings are brought about by overwhelming medical debt.
When people arrive at a hospital's emergency department with traumatic injuries from car accidents or even stab wounds or gunshots, their lives might be threatened if care is withheld until affordability is checked. The study showed that those who experience unforeseen trauma in crashes, muggings or another calamities risk financial ruin. This means that their health expenses exceeded 40 percent of their income -- after food costs.