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Letter to U.S. Senate on “How the ACA Drove Down Personal Bankruptcies”

Consumers Union, the public policy arm of nonprofit Consumer Reports,  writes to share a Consumer Reports article published today “How the ACA Drove Down Personal Bankruptcies: A look at how expanded healthcare helped cut the number of filings by half.” The Affordable Care Act (ACA) not only expanded healthcare coverage, allowing more than 20 million consumers to purchase private insurance through exchanges or benefit from the Medicaid expansion, but it also enacted common sense provisions that protect American families from the threat of financial ruin due to a costly and unexpected healthcare event.