All the more reason…

I ran across this article today that continues to prove our point, further validating the need for LIVING BENEFITS. The first paragraph says it all:

“Bankruptcies resulting from unpaid medical bills will affect nearly 2 million people this year-making health care the No. 1 cause of such filings, and outpacing bankruptcies due to credit-card bills or unpaid mortgages, according to new data. And even having health insurance doesn’t buffer consumers against financial hardship.”

As you know, most Americans are living without ample savings – and a lot are living paycheck to paycheck. When these families are struck with an unexpected illness such as a heart attack, stroke, or cancer, it can cause a serious financial hardship…even if they have health insurance. The average annual income in the United States is $50,000 – and most health insurance policies carry at least a $5,000 or $10,000 out of pocket max that will easily be reached when suffering from a critical illness. On top of that, any one of these illnesses will undoubtedly result in an absence from work for an extended period of time – causing the loss of valuable income at a time when they are experiencing increased expenses. This combination of out-of-pocket healthcare costs, loss of income, and mounting household expenses come together to form the perfect storm that is one of the leading causes of millions of bankruptcies.

MAKE SURE to contact us to learn how I might be able to help you and your family AVOID becoming a statistic. Check out this article: