Changes in healthcare could cause more bankruptcies

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MICRA puts an artificial cap of $250,000 on pain and suffering damages in cases involving medical malpractice.

Unexpected medical expenses are one of the leading causes of bankruptcies in America. One study by the American Medical Association found that 2/3 of bankruptcies cite medical expenses as a major issue. Some are concerned that changes to Obamacare could cause even more bankruptcies. Find out more in this story at Legal Scoops.