http://ezinearticles.com/?cat=Finance:Bankruptcy-Medical EzineArticles.com - Trusted By Millions as The Source For Quality Original Articles http://creativecommons.org/licenses/by-nc-nd/2.0/ Medical bills are the leading cause of bankruptcy, according to a Harvard University study, which also showed that more than 75% of those who declared bankruptcy because of mounting medical bills had health insurance at the start of their illness. These days, the word "insurance" may be a misnomer. Health care coverage no longer insures that the bulk of your medical costs will be paid. Sat, 05 Apr 2008 15:43:39 -0500 http://ezinearticles.com/?Health-Insurance-Bankruptcy-A-Common-Dilemma&id=1085936 http://ezinearticles.com/?Health-Insurance-Bankruptcy-A-Common-Dilemma&id=1085936 Perhaps you are unaware or maybe you have indeed heard the statistic that 50% of all personal bankruptcies are caused due to medical bills. Often, far too often the folks actually had medical insurance, but the co-pays, deductibles or items not covered exceeded the ability of the patient or the patient's family ability to pay. Most of these medical debtors were not lower class, rather middle class. The upper middle and upper class was able to weather the storm and onslaught of medical bills much easier. This tells us one thing, it tells us that the healthcare system is out of control and completely broken. Thu, 27 Mar 2008 12:02:00 -0500 http://ezinearticles.com/?Medical-Bankruptcies-Up&id=1068800 http://ezinearticles.com/?Medical-Bankruptcies-Up&id=1068800 Copyright 2008 EzineArticles.com - All Rights Reserved.