The White Elephant in the Room.
It’s to the point where it’s beyond the analogy of the white elephant in the room. Our failing Medical System in the United States has become the fish’ water. It’s so pervasive, we ignoring it’s relationship, like an addicted heroine user denying his problem.
Bankruptcy due to Medical Healthcare costs are the leading cause of Bankruptcy in the United States, and increasingly suicide.
As if that wasn’t enough, our Healthcare is failing. According to prestigious Universities like Stanford and John Hopkins, our Healthcare is also the worst, despite being the most costly.
While the United States population is a mere 5% of the World, we consume over 80% of the medications, and that was the stats from a few years ago, and the numbers have only risen. So if drugs are the answer to health, why do we have among the Worst health in the World? We rank #1 for deaths caused during/due to pregnancy, but we tout our Medical Hospitals as being the most safe route of pregnancy. Talk to any intelligent Medical Doctor, Osteopath, or Doctor of Chiropractic and they will tell you, as long as they aren’t being paid by the Pharmaceutical companies or letting their ego get in the way, the Heath of our Nation is abysmal.
Good news, Tylenol is no longer the number one cause for liver failure. We can rejoice! Or can we.
Antibiotics have now overtaken that position. If you think aspirin is safe too, you’re sadly mistaken. Read the latest Medical research, and check out public law court cases, in addition to vaccines. Regardless if you believe in Vaccine safety or not, there are still known deadly side effects and they occur more often than your Doctor may realize.
Bankruptcies resulting from unpaid medical bills will affect nearly 2 million people this year—making health care the No. 1 cause of such filings, and outpacing bankruptcies due to credit-card bills or unpaid mortgages, according to new data. And even having health insurance doesn’t buffer consumers against financial hardship. An estimated 1.7 million people will file for bankruptcy protection this year.
Even outside of bankruptcy, about 56 million adults—more than 20 percent of the population between the ages of 19 and 64—will still struggle with health-care-related bills this year, and the numbers are rising.
And if you think only Americans without health insurance face financial troubles, think again. NerdWallet estimates nearly 10 million adults with year-round health-insurance coverage will still accumulate medical bills that they can’t pay off this year. High-deductible insurance plans requiring consumers to pay more out-of-pocket costs are a challenge for many households.
“With an average American family bringing home $50,000 in income, a high medical bill and a high-deductible insurance plan can quickly become something they are unable to pay,” LaMontagne said. “If you have an out-of-pocket maximum of $5,000 or $10,000, that’s really tough,” he said.
Medical Bankruptcy by Age
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