Filing for bankruptcy is often considered a worst-case scenario.

article on the study published in the American Journal of Public Health states.

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The number of debtors who cited medical issues as a contributing reason for their bankruptcy actually increased slightly following the law’s implementation — 67.5 percent in the three years following the law’s adoption versus 65.5 percent prior.

The culprit for the lack of improvement was inadequate health-care insurance, according to a co-author of the research, Dr. David U. Himmelstein, a distinguished professor at Hunter College and founder of advocacy group Physicians for a National Health Care Program.

“Unless you’re Jeff Bezos, people don’t have very good alternatives, because the insurance that is available and affordable to people, or that most people’s employers provide them, is not adequate protection if you’re sick,” Himmelstein said.

Most families do not have enough saved for a simple emergency, let alone thousands of dollars in unexpected medical costs. A recent study from personal finance website Bankrate found that only 40 percent of Americans have enough saved to cover a $1,000 emergency expense.

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