Most of us have been in a situation where we avoid going to the hospital much too long, because we are afraid of the hefty medical bill that will follow. Similarly, we all know that sinking feeling when you get a bill in the mail, and you realize it’s from the hospital. You just know that opening it will declare that your insurance covered almost none of your procedure, and you’ll be responsible for paying tens of thousands of dollars out of pocket for an unavoidable doctors visit. This scenario is sad and far too familiar for many Americans. People find themselves drowning under a sea of medical debt, unable to pay any of their bills, struggling to afford to simply live.
Most bankruptcy is related to medical bills
It shouldn’t be surprising to learn than 60% of bankruptcies filed every year, are related to medical bills. And even if medical bills aren’t the main cause of bankruptcy, most clients have medical bills listed on their petitions. The good new is that, yes, filing for bankruptcy will help you take care of your medical bills.
The cost of health insurance is too high
With rising health insurance costs, many people are unable to afford health insurance. This makes even a simple hospital visit a costly affair. And even those who are lucky enough to have regular health insurance, they often find themselves still paying hefty bills out of pocket anytime they have to go to the hospital. Many insurance companies will avoid paying the hospital for your treatment as long as possible, incurring late fees that you’ll be required to pay. Others will make you fight to have them pay even the simplest of treatments that they absolutely do cover. So even if you have full coverage, you’ll be slapped with a bill you didn’t expect. And if you don’t get it resolved with your insurance company in a timely manner, that will still be your responsibility. In short, medical debt is a crippling sensation gripping most American citizens. No wonder more people are finding themselves unable to afford life, resorting to bankruptcy to help them get their lives back. And you deserve to get your life back. Filing bankruptcy with the offices of Rulon T Burton may be just what you need to get your life back on track and gain some financial freedom again.