Tag: Uninsured

If you’re lucky enough to still have Insurance —

1 in 7 Americans Don’t have that Luxury, by the way —

Well you might not feel so Lucky, after learning how much more of the Insurance Premium tab, you have been picking up, over the last several years.

Health Insurance is a “Benefit” of Employment — yeah Right!

A Benefit to the Employer, to keep you locked in your lousy Job.

A Benefit to the Insurer, who has a guaranteed source of Income, every time you get a paycheck!

That “Lucky Insurance Policy” has been to costing you more and more, each year, while promising you less and less, in terms of coverage … this squeeze has been happening for years!

Something is seriously wrong with this Nation’s Broken Health Insurance system …

Medical bills prompt more than 60 percent of U.S. bankruptcies

By Theresa Tamkins — CNN, June 5, 2009

This year, an estimated 1.5 million Americans will declare bankruptcy. Many people may chalk up that misfortune to overspending or a lavish lifestyle, but a new study suggests that more than 60 percent of people who go bankrupt are actually capsized by medical bills.

Bankruptcies due to medical bills increased by nearly 50 percent in a six-year period, from 46 percent in 2001 to 62 percent in 2007, and most of those who filed for bankruptcy were middle-class, well-educated homeowners, according to a report that will be published in the August issue of The American Journal of Medicine.

1.5 million Americans x 60% = 900,000 Americans

that’s about 2500 more people per day

… going bankrupt from medical bills, which were NOT covered by our broken Health Insurance system