Medical Bankruptcies Continue To Surge Amidst The Obamacare Proposal
While it is true that most of the foreclosures happening in the United States were caused by substandard mortgages, and/or the fact that many people have Lost their jobs and can no longer make payments and there is also another reason for the foreclosure rate. Many people have filed for bankruptcy due to medical bills piling up.
This happens when the insurance company does not pay for the cost of care which has been rendered, and the patient simply can't pay the Bill and has no choice but to file for bankruptcy and in doing so they often end up losing their home along with all their other financial problems.
Even though ObamaCare health care insurance proposal is making its way through Congress and for some people it will already be too late. The number one cause of bankruptcies in the United States is from medical bills that the patient can't pay.
Recently, due to the recession and job losses with the breadwinner in the family have become the number one cause of bankruptcy. It is obvious that our health care system is broken and that is something that both Republicans and Democrats agree with. It is also something that lawyers, doctors and even hospitals and HMOs agree with as well.
Even pharmaceutical companies agree that our healthcare system is broken. Apparently, we are trying to get it fixed, but until we see changes in these excessive medical bills and it will continue to be the number one or number two cause of bankruptcies in the United States of America. I hope you will please consider this because it is a serious issue and deserves national attention and perhaps a debate amongst the American people.
Lance Winslow - Lance Winslow's Bio. Lance Winslow is also Founder of the Car Wash Guys and a COOL little Franchise Company; http://www.carwashguys.com/history/founder.html/.Note: All of Lance Winslow's articles are written by him, not by Automated Software and any Computer PROGRAM, or Artificially Intelligent Software. None of his articles are outsourced and PLR Content or written by ghost writers. Lance Winslow believes those who use these strategies lack integrity and mislead the reader. Indeed, those who use such cheating tools, crutches, and tricks of the trade may even be breaking the law by misleading the consumer and misrepresenting themselves in online marketing and which he finds completely unacceptable.
