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Tuesday, January 23, 2007

Your MasterCard or Your Life

"A disturbing new report shows that with health care costs continuing their sharp rise," writes Bob Herbert, "low- and middle-income patients are reaching for their credit cards with alarming frequency to cover treatment that they otherwise would be unable to afford. This medical debt, to be paid off in many cases at sky-high interest rates, is being loaded onto consumer debt that is already at dangerously high levels. Many families have been crushed by the load, driven from their homes, forced into bankruptcy, and worse."

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