The True Cost Of Medical Debt

June 17, 2008

Medical debt is something that everyone wishes to avoid. For one thing, those medical bills can mean that something devastating has happened; either a serious illness or even death. The other reason is the debt incurred after medical treatments are often the straw that broke the camel’s back.

Many consumers are living in a house of cards dependant upon credit cards, home mortgages, and the graces of Lady Luck. Living in the present with no plan for setbacks or disasters, many of us are content to coast through life. A roadblock, often in the form of a medical emergency is bound to come along at some point in time and ruin the whole trip. [Read more]