Medical Expense cause Bankruptcies
Last week average fixed interest rates jumped to 5.32% and guidelines for underwriting loans became tougher.
62% of bankruptcies had medical expenses as their main expenditure item says Harvard Law and Medical Schools along with Ohio University. The report goes on to say 75% of the bankruptcies filers had health insurance but it was not enough to cover their needs and they had to file for bankruptcy to survive. Furthermore, the report indicates it’s not enough to only “cover the uninsured, we need to rethink health reform”.
And we thought the main cause of bankruptcies were all those convertible real estate loans!
Free Reports:
http://www.StopForeclosureInSanCarlos.com http://LovelySanCarlosHomes.com
Foreclosure/Short Sale Information:
http://www.StartFreshLLC.com
62% of bankruptcies had medical expenses as their main expenditure item says Harvard Law and Medical Schools along with Ohio University. The report goes on to say 75% of the bankruptcies filers had health insurance but it was not enough to cover their needs and they had to file for bankruptcy to survive. Furthermore, the report indicates it’s not enough to only “cover the uninsured, we need to rethink health reform”.
And we thought the main cause of bankruptcies were all those convertible real estate loans!
Free Reports:
http://www.StopForeclosureInSanCarlos.com http://LovelySanCarlosHomes.com
Foreclosure/Short Sale Information:
http://www.StartFreshLLC.com
posted by Unknown | 10:50 AM
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