Medical Bankruptcy... Not due to lack of health insurance

We hear in the news that over half of bankruptcies in this country are due to Medical conditions. That statement is factual. In fact, 62% of ALL Bankruptcies in this country are due to medical conditions. You know what is not factual, that this is because of a lack of health insurance. Over 70% of the American who file medical bankruptcy are middle class families with health insurance. And yes, the health insurer did pay thier bills. We hear about the high deductibles and high out of pocket maximums. Some of that is accurate. You know what health insurance is not supposed to pay for?? Your loss of income.

If you get sick or injured, the odds are pretty good you are not going to work for a while. Since us as Americans go to work to get paid, not getting paid is what ultimately causes the bankruptcy. We still need to pay our mortgage, car payments etc.

This is where a product that is little known outside the insurance industry comes in. A product known as CRITICAL ILLNESS. Critical Illness is an indemnity product that pays CASH directly to you in the event you have a critical illness. A critical illness is usually defined ( depending on the carrier) as a heart attack, stroke, life threating cancer, severe burns or loss of a limb.

In these cases, you are paid a lump sum of cash as defined in your policy. Usually, between $10,000 and $50,000. This cash can be used for what you see fit. Paying bills, tuition, or even having a procedure done in another country if you think it will save your life.

Ask your insurance agent about the Critical Illness product that is right for you.


Thanks for reading.

Eric Wilson is President of I Sell Health, Inc. A Chicago based company. He covers people in Illinois, Ohio, Wisconsin, Indiana and New Hampshire. He can be reached toll free at 888-448-5370. You can visit online at www.isellhealth.net.

Know the facts when you vote Tuesday

Tomorrow's Election, might be the biggest of my lifetime, surely, for a non-presidential election. As you all know, we have a health care crisis in this country. We have for many years.

First let me say we have the best health care system in the World. In America, we have the shortest waits to see a doctor, also the best survival rate of cancer and heart disease ( Source: Dr. Jeffery English, MD,basil and spice). Dr. English states WHO (World Health Organization), or actually many of the countries ranked by WHO, do not count infants of low birth weight,nor do they try to keep premature babies a live like we do here. If you backed out those numbers our average live would be increased, and our statistics would look better.

Now I have been saying for months that our health care bill that was passed, and I am sure not read by most members of congress, was a bad bill for our country. I have read it and have been helping clients get the best plan for their needs for a decade. You can beleive me, Dr. English, or a politician who has not served a patient or read the bill.

The bill will ration your health care. It will make it more difficult to get treatment, and you will wait longer to see a doctor. That is just a few of the issues with the bill. I have voted for candidates on both sides, and I voted for an independent in Ross Perot, so I try to be open minded.

Now I do not blame the Democrats, Republicans, or anyone in Congress, for the current state that the health care system is in this country. I do blame the Democrats solely for passing OBAMACARE. We need to Repeal this bill and start over. I do not know if the Republicans can do better than the Democrats, but I am willing to try. I think the R in Republicans might also stand for RESTART, or REPEAL.

Remember to Vote on Tuesday. It might be a matter of life or death.

Thanks for reading.