Difficult times and health problems a recipe for bankruptcy

By Phyllis Imhoff Phyllis Imhoff
Level: Basic

Phyllis Imhoff is a writer, researcher, Publisher, media group as promoter and lyricist for digital extremes. Specializing in new technology, cyber technology, Internet...

A recent study shows that 62.1% of bankruptcy cases were connected in 2007 to medical expenses. Given our countries financial crisis is safe to say that this is a bigger problem today in 2009.In this study, published by Harvard University Professor Elizabeth Warren showed that most medical debtor middle class families who were busy owned houses, and 75% had health insurance. 

 So what reveal this study on our current health care situation?A serious illness can cause, unaffordable costs decline or lack of income results in Konkurs.Die most families nothing to fall have back up if you fall ill and lose their jobs, which consequently loss of health insurance.
 Most all bankruptcy debtor had some medical debts, but half of the debtor according to the study had especially medical debt. While only a handful of bankruptcy, 2,314 includes this study to be exact, it makes sense.In 2005 were laws adopted to make bankruptcy a bit harder to get, but the numbers increased after a few years. 
What lawyers say bankruptcy about this study, a few are absorbed in the study say are so, so it's propaganda secure a Government that perform national health care plan, but most agree that most bankruptcies have attached some medical debts at odds.
Health care in the United States is like a game can cover a plan that seems to meet the needs they have and everything is fine, but a change in these needs and your finances can destroy it's good to know that bankruptcy is an option, but this is really a problem that must be addressed.It seems like a crap shoot, when selecting a health plan and you giving their employers get not to choose the most.Each plan has different payments, various prescription plans and different deductibles that it is impossible to feel confident you need, you get in this terrible dilemma.
People think, they may do everything properly, go to College, get a good job, buy a House, have a family and get what you think is good, but then it falls short, very short.So what do you? use to pay your credit card bills, take outstanding medical bills to pay a second mortgage on your House and then refer to one unable to make any payment required, so that you have bankruptcy gehen.Weil medical bills paid are excellent in many cases, but were the cause of the credit card bills and other bills that are outstanding.
Clearly not bankruptcy with trained individuals who do not receive or hold it a Job.Es the middle class that much more than most people denken.Bis something about our health care situation happens, you will continue to use bankruptcy people your financial problems affect the by a disease verursacht.Bei at least that's something.
If your financial situation was affected by a disease and you bankruptcy consider, you are not alone. for information about filing for bankruptcy can visit Terryhaygood.com.

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Article submitted on: 18 June 2009

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