If you can avoid the hospital, it’s good for more than just your health. It may actually have a dramatic impact on your bank account and your financial future. After all, medical bills are one of the leading reasons for bankruptcy in the United States.
You may be wondering why modern healthcare is so expensive that it sends many people into wild amounts of debt that they can’t pay off. In the United States, some of the main reasons are:
Overall, though, it’s that hospitals were designed to make money, rather than to provide a service. For instance, if you had a blocked blood vessel and needed an angioplasty in the Netherlands, it would cost around $6,390. If you had the exact same procedure in the United States, it would cost $32,230. When it costs five times as much for the exact same procedure, bills get high quickly.
If you’re facing debt due to medical bills or for any other reason, you may be able to use bankruptcy to put an end to your financial struggles.
At Mark T. Young & Associates, We Get You The Help You Need.
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