Personal bankruptcy

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Bottom Line's Health Breakthroughs 2007 Bottom Line Health See book keywords and concepts

For some families, filing for personal bankruptcy may be the only way to escape the debt they've piled up. However, the recent overhaul of federal bankruptcy laws makes it even tougher to extinguish those debts. According to a Harvard study, illness and medical bills contributed to approximately half of the personal bankruptcy filings in 2001. More than 75% of the filers were insured when they incurred the debt that set them back, yet many lost coverage during their illness. WHAT YOU CAN DO If you have health insurance, there are a few things you can do to help avoid financial trouble.

Our Daily Meds: How the Pharmaceutical Companies Transformed Themselves into Slick Marketing Machines and Hooked the Nation on Prescription Drugs Melody Petersen See book keywords and concepts

Almost half of all personal bankruptcy filings in 2001 resulted from an illness or medical bills, according to a study by academics at Harvard. And more than three-quarters of those people said they had been covered by insurance when illness struck. The surging cost of medical care was limiting opportunity in the land of opportunity. Some would-be entrepreneurs stayed in jobs that offered health benefits rather than set out on their own. Other people kept working long after they were ready to retire. George Hatzigiannakis, the owner of Mr.

Corporate greed, corruption, and the coming collapse of America as we know it Mike Adams, the Health Ranger See article keywords and concepts

During all this, there will be lots of social unrest, poverty, personal bankruptcy, police state arrests and perhaps even the widespread use of detection camps to indefinitely hold troublemakers who dare to protest or speak out against government corruption. This is what's coming for America, and the interesting part is that almost nobody in America seems to be able to anticipate this. Yet the writing is on the wall, and it's as obvious as the dot-com crash was before 2000.

Hawaiian macadamia nut farmers face economic devastation due to false labeling of imported mac nuts as "Hawaiian" Mike Adams, the Health Ranger See article keywords and concepts

Selling mac nuts (or almost any other agricultural commodity, actually) to mega-business food corporations is a fast track to personal bankruptcy. Right now, in fact, when Hawaiian mac nut processors even offer to buy the nuts from local farmers, the dollar amount offered amounts to a net loss to the farmer. The small guys can only stay in business by selling direct to consumers. That's why I say don't buy your mac nuts from a big, brand-name food company. Buy 'em directly from the people who grow them. My advice is the same for other specialty food items.

Bottom Line's Health Breakthroughs 2007 Bottom Line Health See book keywords and concepts

According to a Harvard study, illness and medical bills contributed to approximately half of the personal bankruptcy filings in 2001. More than 75% of the filers were insured when they incurred the debt that set them back, yet many lost coverage during their illness. WHAT YOU CAN DO If you have health insurance, there are a few things you can do to help avoid financial trouble. "Here's the best advice I can give every American who has health insurance—understand how your policy works. Understand the limits and understand where the 'carrots' are," says Alwyn Cassil, a spokeswoman for HSC.

Overtreated: Why Too Much Medicine Is Making Us Sicker and Poorer Shannon Brownlee See book keywords and concepts

Huge and unpayable medical bills have become the leading cause of personal bankruptcy. Uninsured cancer patients receive half as much care as the insured and may be more likely to die, depending upon the type of cancer. Uninsured car crash victims receive less care in the hospital and have a higher mortality rate than the insured. Women who lack insurance don't get regular Pap smears to check for cervical cancer. Children who are uninsured go without routine vaccinations; those with asthma don't get preventive treatment.

Financial Armageddon: Protecting Your Future from Four Impending Catastrophes Michael J. Panzner See book keywords and concepts

Eight years later, the two men were convicted of trying to "corner" the silver market, and Bunker was forced to file for personal bankruptcy. Although what happened nearly three decades ago might be viewed as a curious anomaly, the tumultuous period ahead likely will see rules changes, disruptions, and market closures that can suddenly transform substantial paper profits into equally large realized losses.

Health Care Meltdown: Confronting The Myths and Fixing Our Failing System Bob LeBow, M.D., M.P.H. See book keywords and concepts

And debt from health care is now the second highest reason for personal bankruptcy. The pursuit of profit has assumed primacy over the pursuit of what is best for people. Why the disconnect? Where have we failed? Does anybody care? Our health care system—or, more precisely, nonsystem— has evolved into a monster, a disorganized, overly complex creature that robs people of their health, their money and their dignity. Yet the great majority of Americans are unaware—or clueless—of what has happened to America's health care.

Spend less on groceries for the family? personal bankruptcy is a strong option for the insured family with a tiny premature baby that runs up a $200,000 bill in the neonatal intensive care unit if the family is responsible for 20 percent of the bill, or $40,000. Interestingly enough, the AAFP proposal deals with this issue by including a catastrophic insurance component in their plan. The problem lies in the payment system, not in the people who allegedly "abuse the system." The co-pay protects both the insurer and the provider of services from overuse.

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ABOUT THE CREATOR OF NATURALPEDIA: Mike Adams, the creator of this NaturalNews Naturalpedia, is the editor of NaturalNews.com, the internet's top natural health news site, creator of the Honest Food Guide (www.HonestFoodGuide.org), a free downloadable consumer food guide based on natural health principles, author of Grocery Warning, The 7 Laws of Nutrition, Natural Health Solutions, and many other books available at www.TruthPublishing.com, creator of the earth-friendly EcoLEDs company (www.EcoLEDs.com) that manufactures energy-efficient LED lighting products, founder of Arial Software (www.ArialSoftware.com), a permission e-mail technology company, creator of the CounterThink Cartoon series (www.NaturalNews.com/index-cartoons.html) and author of over 1,500 articles, interviews, special reports and reference guides available at www.NaturalNews.com. Adams' personal philosophy and health statistics are available at www.HealthRanger.org.