Most Americans are just a single illness away from losing everything. In our country today, medical bills are the number one reason why people go bankrupt, and many of them even had “good health insurance”. As you will see below, even if you have “good health insurance” you can still be stuck with a $100,000 bill for a single hospital stay. Our healthcare system does not work, it is absolutely barbaric, and both political parties have completely dropped the ball. The big health insurance corporations now dominate the entire industry, and they have become masters at finding loopholes that will allow them to wiggle out from having to pay claims. The entire purpose of these companies is to take in as much money as possible and to pay out as little as they can, and in the process millions upon millions of American families are being financially ruined. (Read More...)
Hospital Bills
25 Shocking Facts That Prove That The Entire U.S. Health Care Industry Has Become One Giant Money Making Scam
What is the appropriate word to use when you find out that the top executive at the third largest health insurance company in America raked in 68.7 million dollars in 2010? How is one supposed to respond when one learns that more than two dozen pharmaceutical companies make over a billion dollars in profits each year? Is it okay to get angry when you discover that over 90 percent of all hospital bills contain “gross overcharges”? Once upon a time, going into the medical profession was seen as a “noble” thing to do. But now the health care industry in the United States has become one giant money making scam and it is completely dominated by health insurance companies, pharmaceutical corporations, lawyers and corporate fatcats. In America today, just one trip to the hospital can cost you tens of thousands of dollars even if you do not stay for a single night. The sad thing is that the vast majority of the money that you pay out for medical care does not even go to your doctor. In fact, large numbers of doctors across the United States are going broke. Rather, it is the “system” that is soaking up almost all of the profits. We have a health care industry in the United States that is fundamentally broken and it needs to be rebuilt from the ground up. (Read More...)