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Originally published February 9 2005

Health insurance no real help to millions of American bankruptcy filers

by Mike Adams, the Health Ranger, NaturalNews Editor

More than half of all American bankruptcy filings last year were the direct result of out-of-control medical expenses, a new study says. Further, the report says, most of the 2.1 million filers had health insurance when they first became ill, but that coverage either lapsed or had serious gaps. As these stats are beginning to be quoted across the world, even foreign pundits are starting to make serious calls for American health care reform.


Most of the Americans who filed Bankruptcy after prolonged illness, have got not much help from the Health Insurance Plans asn the plans expired while the person was still having illness. More than 75 % person had Medical Insurance Plans. If you heard about an acquaintance getting bankrupt, you may want to know whether anyone among the family members has been facing an illness, as this is what the new Harvard study says. The study in the Feb. 2 issue of Health Affairs says that half of all the personal bankruptcies, filed in 2001, in US have been caused by illness and medical bills. Many of them had lost their insurance coverage during the illness. People who succumb to medical debt are mostly middle-class or working-class people who own their own homes and have at least some college education, the study found. A record of total 1,771 personal bankruptcies has been examined in the study including in-depth follow-up telephone interviews were completed with 931 families. Democrats attack Bush's plan on social security, Iraq Publish Date: 2/5/2005 9:17:00 PM Democrats in the US Senate have attacked President George W. Bush's controversial plan to partially privatise the social... Publish Date: 2/5/2005 9:02:00 PM The appointment of former US president Bill Clinton as UN special envoy for tsunami relief efforts in South Asia has boosted speculation... The budget will include $140 billion to expand health coverage for the uninsured.


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