Saturday, July 21, 2007

Health-Insurance: MEDICAL BANKRUPTCIES: WHAT YOU CAN DO TO PROTECT YOURSELF

First the bad news: about 2,000,000 personal bankruptcies each year
are caused by unexpected medical expenses. Of all those people,
1,500,000 have (or had) health insurance before they ran into
difficult financial straights.

But wait a minute. Isn't the whole idea behind health insurance -
security? The financial security that comes from knowing that you're
covered if something goes wrong with your body? You say you're
covered, but what if your medical "situation" exceeds your policy
limits? Then what?

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