Friday, August 7, 2009

Increase in Medical Bankruptcies in America

Do you know that the average US citizen has money in their account just to run for 4-5 weeks with no income? If money supply in their account stops then they will become bankrupt. Now, just think that you lose your job in this situation in this time of economic recession.

At this period of time if any of your family members falls sick and the expenses are so high that the medical insurances cannot cover up those expenses, then you won't be able to pay the medical bills and you will be bankrupt. The health care system in America is broken and the prices have become really high. And, due to this, more and more people are becoming bankrupt due to medical bills which they cannot pay.

Do you know one strange fact? In America, the most popular reason for filing bankruptcy is the medical bills which cannot be paid. The Americans are leaders or rather to say toppers in credit card debt, higher prices in food, high price of drugs and in the meanwhile if any medical emergency arises, then they become bankrupt.

1 comment:

  1. nice blog
    bankruptcy is becoming more and more.no one can stop it
    gd post

    ReplyDelete