Health Care Talk (HCTalk.com)

[Denver Dave]

Crush of cancer, medical bills snares family
http://www.cnn.com/2009/HEALTH/10/13/cancer.insurance.finances/index.html

Elder and her husband, Jim, say their health insurance carrier, Nationwide Insurance, forced them into an impossible situation by raising the rates on their policy over several years. Eventually, they were forced to cancel.

The Elders are broke and on the cusp of bankruptcy because of medical bills, and they're not alone. A study published in the June issue of the American Journal of Medicine found that in 2007, 62 percent of personal bankruptcies were because of medical debts. The same study indicated that in 1981, only 8 percent of bankruptcy filings could be traced to medical bills.
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Dave Bean
Volunteer
www.Co-OperateColorado.org
303-777-0395