Insurance

The Most Medicated Country In The World: 46% Of Americans Have Taken A Pharmaceutical Drug Within The Last 30 Days

If it seems like about half the country is on drugs, that is because it is actually true.  According to a new survey from the National Center for Health Statistics, almost half of all Americans have taken a pharmaceutical drug within the past 30 days, and that officially makes us “the most medicated country in the world”.  And needless to say, those dealing these drugs are becoming exceedingly wealthy at our expense.  The average American spends $1,200 a year on prescription drugs, but of course many Americans spend far more than that and others spend nothing at all.  In recent years there has been a tremendous backlash against the big pharmaceutical corporations, because many of them have become exceedingly greedy.  As you will see below, prices have been raised on 650 different drugs this year alone.  Once they get their claws into you, the pharmaceutical giants want to get every last penny out of you that they possibly can. (Read More...)

Shocking New Study Finds That 137 Million Americans Suffered “Medical Financial Hardship In The Past Year”

The healthcare system in the United States is deeply broken, and it is causing massive financial pain for millions of American families.  Previously, I have published articles where I talked about how medical bills are the primary factor in two-thirds of all personal bankruptcies in the United States, and that Americans had to borrow a whopping 88 billion dollars last year to cover medical costs.  This is happening even though more than 90 percent of all Americans have some form of health coverage.  Thanks to soaring deductibles and health insurance policies that are absolutely riddled with loopholes, more Americans than ever are being wiped out by medical bills.  And now a brand new study that was conducted by researchers from the American Cancer Society has discovered that 137.1 million Americans suffered “medical financial hardship in the past year”.  The following comes directly from the study… (Read More...)

Only 9 Percent Of Households In South Carolina And Only 3 Percent Of Households In North Carolina Have Flood Insurance

A lot of people are going to be financially ruined by Hurricane Florence.  As you will see below, only 9 percent of all homeowners in South Carolina have flood insurance, and up in North Carolina that figure drops to just 3 percent.  That means that well over 90 percent of the people that will be affected by this storm do not have any financial protection against flooding whatsoever.  Florence is expected to slowly churn over the region for the next several days, and it is being projected that this massive storm could dump up to 10 trillion gallons of water on the Carolinas.  Needless to say, that amount of water is going to do an extraordinary amount of damage, and thousands upon thousands of households are at risk of losing everything because they aren’t carrying insurance. (Read More...)

Pocketbook Pain: The Rapidly Rising Cost Of Living Is Absolutely Killing The Middle Class In America

Pain In The WalletAll over America, the middle class is dying and poverty is on the rise.  One of the primary reasons for this is the rapidly rising cost of living in the United States.  The cost of just about everything that average families shell out money for on a regular basis – food, rent, health insurance, etc. – is rising much faster than wages are.  In a previous article I noted that the federal poverty level for a family of five is $28,410, but 51 percent of all American workers are making less than $30,000 a year at this point.  We have seen an explosion in the number of people in this country that are considered to be “the working poor” and it gets worse with each passing year. (Read More...)

17 Facts That Prove That The Quality Of Jobs In America Is Going Down The Drain

Drain - Public DomainDo you wish that you had a better job?  If so, you are not alone.  In fact, there are millions upon millions of Americans that get up every day and go to a job that they wish that they could afford to quit.  Unfortunately, most Americans end up just desperately holding on to the jobs that they have because just about any job is valuable in this economic environment.  Over the past decade, the long-term trends that are destroying jobs in America have accelerated.  We have seen countless numbers of jobs shipped overseas, we have seen countless numbers of jobs replaced by technology, we have seen countless numbers of jobs taken by immigrants and we have seen countless numbers of jobs lost to the overall decline of the once great U.S. economy.  Unfortunately, even though we can all see this happening, our “leaders” have failed to come up with any solutions.  And since there are so many of us that are desperate for jobs these days, employers know that they don’t have to pay as much.  The balance of supply and demand in the employment marketplace has radically shifted in their favor.  So less workers are getting health insurance these days, less workers are getting retirement plans and once you adjust for inflation our paychecks have been getting smaller for years.  Needless to say, all of this is absolutely eviscerating the middle class.  The following are 17 facts that prove that the quality of jobs in America is going down the drain… (Read More...)

12 Facts About The Epic Obamacare Launch Train Wreck That Every American Should Know

Train WreckEven though it is nearly impossible to get signed up for health insurance through the Obamacare websites, if you don’t currently have health insurance you better get signed up by January 1st or you will get slapped with a fine.  Is this fair?  Of course not.  But this is the way that the U.S. government works in the 21st century.  They put unreasonable demands on people, and then the government punishes them heavily when they are not able to comply.  The launch of the online “health insurance exchanges” which were supposed to make signing up for Obamacare a breeze has been an abysmal failure.  There have been a great many examples of government incompetence over the years, but this one might take the cake.  The Obama administration spent more than 93 million dollars to set up these websites, and they are so hideously dysfunctional that hardly anyone has actually been able to get signed up for Obamacare over the first ten days.  But instead of delaying the individual mandate, the Obama administration is using the threat of a fine to force millions of Americans to use a system that is a complete and total nightmare. (Read More...)

Has ANYONE Actually Been Able To Successfully Sign Up For Obamacare Yet?

Obamacare Website DownDo you know anyone that has been able to get past all of the glitches and sign up for health insurance using one of the Obamacare websites?  Thousands of applications have been “started”, but the mainstream media has been desperately searching for someone that has actually been able to successfully get enrolled and so far they haven’t been able to find a single example.  The Obama administration had been promoting the story of one 21-year-old student from Georgia, but it turns out that his “success story” was a fraud and he was not actually successful in signing up for health insurance yet.  So exactly what in the world is going on here?  Certainly a few of the millions of visitors to these websites must have successfully signed up for health insurance, right?  In the end, whether a handful of Americans have been able to sign up for health insurance or not is not the real issue.  The real issue is that the launch of the most highly touted health law in U.S. history has been an epic fail. (Read More...)

The Largest Natural Disaster In U.S. History: The Endless Drought Of 2012 Will Bake America Well Into August

Why is the heartland of the United States experiencing such a horrific drought right now?  At the moment, approximately 61 percent of the entire nation is experiencing drought conditions, and this is absolutely devastating farmers and ranchers all over the country.  Less than two weeks ago I wrote an article asking what would happen if these drought conditions persisted, and now we are finding out.  The U.S. Department of Agriculture has created the largest natural disaster area in U.S. history.  The USDA has declared 1,016 counties in 26 U.S. states to be disaster areas. The USDA declaration basically covered about half of the nation, and there is now no denying how horrible this drought really is.  You can see a map of this disaster area right here.  This endless drought is being compared to the nightmarish drought of 1988, and if it persists into August it could become perhaps the worst drought that America has ever seen.  The USDA says that approximately 60 percent of all corn in the country is experiencing “moderate to extreme” drought conditions.  If this drought does not end soon, the losses are going to be mind blowing.  Already, it is estimated that farmers and ranchers have suffered billions of dollars in damage.  How much worse can things get? (Read More...)