Single Payer health care Does Not Mean less Bankruptcies

E. Frank Stephenson over at Division of Labor notes the following: Single payer health care advocates have been claiming for some time now that a single payer health care system prevents bankruptcies due to medical expenses. A new study by the Fraser Institute (A Canadian think tank) finds that this claim is false. Bankruptcy rates are higher in Canada even though Canadians don't have to fret over medical expenses.