Blog Category: medical debt


COVID Medical Debt Complicates Financial Health

COVID Medical Debt Complicates Financial Health

Nearly 1 million Americans have suffered fatal consequences since the beginning of the COVID-19 pandemic. Millions more are suffering long term effects of the illness such as severe ongoing health complications, the inability to work, and job loss. When you can’t pay your medical bills and continue to struggle with your health, options for relief  … Read more

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Medical Bills Are Leading Factor In Bankruptcy

Medical Bills Are Leading Factor In Bankruptcy

Over the last ten years, healthcare reforms have targeted lowering the out of pocket costs of healthcare. Research shows that medical debts and expensive medical bills are one of the leading causes of bankruptcy filings in the United States. In fact,  over 60 percent of personal filings come as a result of unmanageable medical bills.  … Read more

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Medical Debts Growing Rapidly

Medical Debts Growing Rapidly

As this challenging year draws to a close, millions of families are finding themselves out of work and in growing debt. The financial burden for most American’s spreads like wildfire in uncertain times of today when the choices between feeding the family or other living essentials. Unemployment also brings additional financial burdens to families as  … Read more

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Medical Debt Continues to Cause Bankruptcy

Medical Debt Continues to Cause Bankruptcy

Medical debt has long been one of the leading causes of bankruptcy in Texas and every other state in the union. Medical debt can strike anyone at any time; Even individuals in high tax brackets who have insurance. AS the nation has pushed for universal healthcare that works for everyone, here is the latest on  … Read more

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How Seniors Can Avoid Medical Debt

How Seniors Can Avoid Medical Debt

The opening of health plan enrollment plan under the Affordable Care Act has many Americans over the age of 65 thinking of and planning for their medical expenses and procedures for 2018. For many seniors, the process of picking medical coverage is especially complex as Medicare doesn’t cover everything, which can in turn cause excessive  … Read more

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One Smart Way to Lower your Medical Debt

One Smart Way to Lower your Medical Debt

Medical debt is one the largest contributors to Chapter 7 and Chapter 13 bankruptcies in the United States. Even though new studies are beginning to emerge that claim the new health insurance laws are cutting down on debt for low-income individuals, a medical bill from an unforeseen accident or catastrophe still has the ability to  … Read more

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Medical Debt Solutions

Medical Debt Solutions

Medical debt is a rising problem in the USA. With the healthcare bill not going anywhere, the prices seem to be surging. Unchecked insurance markets are making a killing at the expense of the sick, even simple 911 ambulance calls go into the thousands. It leaves a lot to be desired for those who are  … Read more

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Medical Debt Relief Options

Medical Debt Relief Options

Are you struggling with medical bills? You aren’t alone. In fact, it is estimated that nearly 25% of Americans have serious medical debt problems. Over half of those people may go to drastic measures like using their savings to pay it off. That is not necessary! There are other medical debt relief options that can  … Read more

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Medical Debt Problems Matter

Medical Debt Problems Matter

The costs of healthcare go beyond monthly premiums and co-pays. For many people, the out of pocket costs can be overwhelming. Many people are uninsured and many more are simply underinsured. Even those with insurance can still find themselves with medical bills they can’t afford to pay. When it comes to financial disaster .  The  … Read more

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Managing Medical Debt

Managing Medical Debt

Medical bills are one of the leading causes of Houston bankruptcy filings. Medical debt plagues the chronically ill and elderly more than the average family. There are two sides to the medical debt problem. Learning the strategies for managing medical debt properly can make all the difference in avoiding financial disaster. Managing Medical Debt People often  … Read more

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