Bankruptcy

Senate Hearing on Medical Bankruptcies (Oct. 20, 2009) (Pottow)

By John Pottow

Yes, I went back to D.C. for more congressional bankruptcy brouhaha, this on the rising incidence of medical bankruptcies.  C-SPAN decided to broadcast the proceedings in all their glory.  Sen. Franken (D-MN) was armed with statistics on Swiss medical bankruptcies -- very well prepared, I must say.  Here's the video.  Hearing Ms. Burns' story about losing her son to cystic fibrosis -- and then her financial life -- was gut-wrenching.  The good news is that Sen. Whitehouse (D-RI) seems motivated to pursue his bill and is gathering increasing support.  For those wanting more in-depth analysis, here's my written testimony.

Full post as published by Credit Slips on November 12, 2009 (boomark / email).