Survey: One in Three Families in America Has Trouble Paying Medical Bills
Personal bankruptcies seem to be on a rise plus the number could grow higher using the new Obamacare mandates. The recession has hit many Americans hard. People struggling to cover bills have used credit cards to help. As a result, they now have created debt on high-interest cards and no longer manage to make even minimum monthly bills. As a conclusion, they have been declaring personal bankruptcy, in fact it is typically a final option. And new laws requiring that all of us carry health insurance has forced some to file a lawsuit. This article has been shared by Kaplan Attorneys. You can find Kaplan Attorneys by searching for Massachusetts bankruptcy attorney.
Business owner John Ceci has filed one of three lawsuits where federal courts have recently ruled. The U.S. Supreme Court is actually reviewing the health-care law next week to figure out if it is constitutional.
The fact is, health care is extremely expensive in America and those who are uninsured are taking a gamble, proponents of the mandate claim. An unexpected illness or accident could result in six-figure bills in a short period of time.
Even the insured have been hit lately with unexpected out-of-network charges. The Department of Financial Services (DFS) in New York recently released a report stating that insurance companies and healthcare providers are to blame for these unexpected expenses, which have forced many people to file for bankruptcy. The DFS is recommending more transparency in the breakdown of charges a patient is actually responsible for so the patient can make the best decision for treatment options.
Out-of-pocket healthcare expenses are on an upswing around the board. In the latest survey conducted through the National Center for Health Statistics, many Americans claimed they usually have trouble paying their medical bills. This Season, 20 percent of American families struggled. In the first part of 2011, the amount grew to one in three families struggling to pay off their medical bills. With increasing price of healthcare, insurers are confronted with the choice of raising premiums or passing off many of the expenses to the customer. More than 50 % of personal bankruptcies are brought on by medical bills and roughly two-thirds of Americans in cases like this actually had insurance. This debunks the idea that forcing everyone to get insured helps save people from financial ruin. Experts caution that in case you actually are insured, make certain to know your policy inside and out and also always seek in-network care first. And while deciding on a less expensive plan might cost less money for the short-term, an urgent medical event could leave you in a massive amount of debt down the road. Regardless, shouldn?t people be allowed to make the choice for themselves rather than big government deciding on their behalf?
Law Offices of Kaplan Attorneys is a professional corporation located in Stoughton, Massachusetts that provides quality legal services in the areas of Bankruptcy Law, Divorce and Family Law and Real Estate Law in most counties in the Commonwealth of Massachusetts. Tag: Boston bankruptcy lawyers
?Mail this post 
unlv sam young ncaa bracket ramon sessions portland trail blazers nba trade blagojevich
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.