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Article: Medical Bankruptcies: What You Can Do To Protect Yourself

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?

No one wants that to happen, so the question is: are there other options? For instance, is there a way to "insure" against getting sick in the first place? Most people assume that's not possible, but personally, I disagree.

Several years ago my w...

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Medical Bankruptcies: What You Can Do To Protect Yourself
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Article: Medical Bankruptcies: What You Can Do To Protect Yourself

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Medical Bankruptcies: What You Can Do To Protect Yourself
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