The No. 1 cause of bankruptcy is medical bills.

[mdmc]

The No. 1 cause of bankruptcy is medical bills.

Harvard researchers found that 62 percent of all bankruptcies are caused by medical bills. Even more disturbing: 78 percent of those were people who had insurance.

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[Fresh_Start]

1. yes

job loss and divorce are the rest of the triumvarite

[izquierdista]

2. We're #1, we're #1

Let them damn ferriners try and catch up with that!

[Liberal_in_LA]

3. very disturbing

[maxsolomon]

4. we will wind up with socialized medicine - eventually

but i think we'll see peace in Palestine 1st.

[mdmc]

8. I think this would make a good DU poll..

..

[COLGATE4]

11. I think we'll see WORLD peace first.

[xchrom]

5. Recommend

[Oceansaway]

6. K&R...n/t

[abelenkpe]

7. Where did you get that from?

Any help appreciated. :)

[mdmc]

9. yahoo news

the story was titled
5 fastest ways to bankrupt yourself..

let me search out a link for you my friend..

[mdmc]

10. found it!

http://financiallyfit.yahoo.com/finance/article-110806-6784-1-five-quick-ways-to-bankrupt-yourself?ywaad=ad0035&nc

2. Assuming Insurance Will Cover Your Medical Bills

So, maybe you budget. You make an allowance for food, clothes, beer.

But do you have an allowance for medical costs?

Here's why you should: The No. 1 cause of bankruptcy is medical bills.

Harvard researchers found that 62 percent of all bankruptcies are caused by medical bills. Even more disturbing: 78 percent of those were people who had insurance.

"Things happen. Surprises happen," Kothari said. "And people don't prepare for the unexpected. They don't have a mindset of, 'How do I prepare myself for the unexpected?'"

Of course, the best medicine is to not get sick. And to that goal, you can do your best to lead a healthy lifestyle. But you also need to live a healthy "fiscal lifestyle," Kothari said -- make sure you're saving every month and building a cushion for the unexpected.

"Then you can be more resilient when life happens," he said.

[abelenkpe]

12. Thank you!

That statistic is very sad. Gotta pass that one around!

[mdmc]

13. ..

[TexasObserver]

14. The FOR PROFIT HEALTH CARE plan is to get everything you have.

They want to be able to bleed your estate of all its assets after you're gone.

As long as making a profit is the primary motivation for our health care system - and it is - the situation will not improve. We should offer national health care, and those who want to buy additional coverages can do so.

[inna]

15. insult to injury - parasitic insurance corps had record profits in 2009 and are likely

to beat that record in 2010.

pisses me off beyond words.

:nuke:

[Panaconda]

16. K&R n/t

[Vinca]

17. Tell me again why it's a good thing we enshrined big insurance?