But medically bankrupt families with private insurance reported average out-of pocket medical bills of $17,749, while the uninsured's bills averaged $26,971. Of the families who started out with insurance but lost it during the course of their illness, medical bills averaged $22,658. "For middle-class Americans, health insurance offers little protection. Most of us have policies with so many loopholes, co-payments, and deductibles that illness can put you in the poorhouse," said lead author Himmelstein. "Unless you're Warren Buffett, your family is just one serious illness away from bankruptcy." Study Links Medical Costs and Personal Bankruptcy - BusinessWeek The current for-profit health care system is a farce that even if functioning properly, cannot provide health care, because thats not what its designed for. Its designed to make money. Until its replaced with something designed to provide health care, then its a good idea to be friends with as many rock stars as you can, in case you too one day need a benefit. Americas Health Care Plan: Have a Rockstar Play a Benefit Show to Cover Your Doctor Bills, If You Happen to be Friends With a Rockstar « "The" Josh Gross A new study by the American Journal of Medicine has found that some 62% of bankruptcy filings are actually triggered by excessive medical expenses. In the six year period between 2001 and 2007, medical bankruptcies were up by almost 50%. It is estimated that one in five families are struggling with medical expenses. Medical Bankruptcy Credit Repair- Credit Restoration Credit Repair College - Credit Restoration - Fast Credit Repair National studies conclude that the average American family is as little as three weeks away from bankruptcy, and others suggest most families are one serious illness away from it. The No. 1 cause nationally for personal bankruptcy is medical expenses, according to Investopedia, a Forbes company, which cites a study by Harvard University that found medical bills are the leading factor in 62 percent of bankruptcies. Valencia County News-Bulletin: Number of bankruptcies nearly tripled in Valencia County ---------------------------- Do Republicans see bankruptcy because of Medical Bills as a "good thing"?