Tag Archives: medical bills
What Are the Signs That Your Healthcare Debts Might Be Best Managed Through Bankruptcy?
The new healthcare system in the United States under the Affordable Care Act (“Obamacare”) should lead to a significant improvement in how millions of people are covered by insurance. Healthcare premiums should also be reduced for millions who were spending large sums for insurance — which for some was more than half their monthly income. […]
Three Tactics to Avoid Financial Devastation from Healthcare Costs
It is fairly well understood that medical costs — such as a two-day emergency hospitalization that comes with a bill of more than $100,000 — are a primary cause of bankruptcy in America. Changes in health insurance plans under the Patient Protection and Affordable Care Act are in the works. But deductibles and copays, costs […]
Even Under Obamacare, Medical Bankruptcies Can Still Happen to New Yorkers
The Affordable Care Act (ACA, or “Obamacare”) is transforming the landscape in healthcare, broadly expanding the total number of people who can afford or access health insurance. This is expected to have the effect of improving disease and injury management overall, saving lives while reducing costs to the system. In fact, health insurance is described […]
Are You the One in Five People Whose Medical Bills Might Lead to Bankruptcy?
With an estimated 20 to 30 million more Americans likely to get health insurance under the Affordable Care Act or “Obamacare” launching in full in 2014, medical economists caution that financial problems because of healthcare are not going to disappear, even if they are lessened. Copays and deductibles under legitimate insurance plans can still add […]