Navigation Links
Medical Debt Sending Many Over Financial Brink
Date:10/28/2008

Experts say soaring health costs and medical crises fuel many foreclosures, bankruptcies

TUESDAY, Oct. 28 (HealthDay News) --Since 1999, Keith and Deborah Krinsky of Magalia, Calif., have seen their health insurance deductible soar from $1,000 to $10,000.

And their health-care costs have put them in a financial hole.

A combination of Keith's chronic asthma and potential heart problems, Deborah's connective tissue disorder and fallen arches, and their kids' various scrapes and stumbles led them to amass a pile of credit card debt and forced them to refinance the mortgage on their house -- which they now are having trouble paying.

Keith, once a plant manager for a trucking company in Chico, took a $30,000 pay cut to get a job with better health benefits. Deborah, who doesn't work because of her disability, said they are still fighting desperately to stave off foreclosure.

"Right now, we are in the process of losing our home. We will probably go to my mother-in-law," Deborah said Monday.

The Krinskys are not alone in their scramble to make ends meet because of medical issues.

The connection between medical debt and the current credit crisis isn't a direct line, but it's strong enough to prompt Mike Leavitt, head of the U.S. Department of Health and Human Services, to declare at a recent news conference, "If we had any idea how many mortgages were foreclosed because people were crowded out by medical issues . . . Health-care costs are at the heart of many of the things happening."

A Kaiser Family Foundation poll conducted in April, way ahead of the current economic meltdown, found that 28 percent of Americans reported that they or their families had had a serious problem paying health insurance or medical bills because of changes in the economy.

And data from the Commonwealth Fund puts 41 percent of working-age adults -- 72 million people -- as having medical debt or
'/>"/>

Copyright©2008 ScoutNews,LLC.
All rights reserved  

Page: 1 2 3

Related medicine news :

1. MSU engineering team designs innovative medical device
2. ATS Medical to Present at the 2007 Thomas Weisel Partners Healthcare Conference
3. Providence St. Joseph Medical Center, Caregivers Reach Agreement on a Union Contract
4. Owner and Operator of Florida Durable Medical Equipment Company Convicted of Medicare Fraud
5. Father and Daughter From Tanzania Receive Their First Medical Examination in Newport Beach
6. Doctors and medical ethicist discuss whether doctors should participate in capital punishment
7. Preparation for Natural Disasters Critical for People With Diabetes, Chronic Medical Conditions
8. Doctors and Medical Ethicist Discuss Whether Doctors Should Participate in Capital Punishment
9. Symmetry Medical Completes Acquisition Of Specialty Surgical Instruments
10. Milestone Scientific Announces Successful Completion of its Collaboration Agreement With Carticept Medical
11. FDA Seeks to Regulate Complementary and Alternative Medicine; Products Such as Vegetable Juice Could Be Restricted for Medical Use
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
Medical Debt Sending Many Over Financial Brink
(Date:4/21/2015)... The PracticeMatch Career Fair will take ... at the William and Ida Friday Center at UNC-Chapel Hill, ... 50 hospitals, clinics and groups with career opportunities will be ... Attendees will enjoy free hors d’oeuvres and raffle prize drawings. ... says “Chapel Hill is an ideal location to hold ...
(Date:4/21/2015)... April 21, 2015 Nashville, Tenn. ... and provider of Picture Archiving and Communication Systems ... four new installations in the first quarter of ... Pinnacle Orthopaedics (McMinnville, TN) and Lowcountry Orthopaedics & ... viewer and data archiving services. Mt. San Rafael ...
(Date:4/21/2015)... WA (PRWEB) April 21, 2015 One ... dieting is still between meal food cravings. Many diets ... food cravings experienced between meals. Some attempt to eat ... to be eaten at more regular intervals. While this ... with food cravings, even directly after a meal. For ...
(Date:4/21/2015)... The University of Scranton has ... Informatics to answer the growing demand for professionals ... comprehensive wellness profile for better individual, real-world care. ... and implementation of health services and systems. This ... managerial operations in the healthcare sector,” says Margarete ...
(Date:4/21/2015)... 21, 2015 As nationally recognized ... in various components of breast reconstruction research spanning ... , "Breast reconstruction research continues to significantly contribute ... recent advances, many unanswered questions remain requiring continuous ... optimal results," says Dr. Oscar Ochoa emphasizing the ...
Breaking Medicine News(10 mins):Health News:PracticeMatch to Host Physician Career Fair at William and Ida Friday Center at UNC-Chapel Hill on April 29, 2015 2Health News:PracticeMatch to Host Physician Career Fair at William and Ida Friday Center at UNC-Chapel Hill on April 29, 2015 3Health News:Radsource Adds 4 ProtonPACS Clients in 1st Quarter 2Health News:Diet Doc Introduces New Neuro Balance, A Proprietary Diet Aid to Help Dieters Eliminate Food Cravings 2Health News:Diet Doc Introduces New Neuro Balance, A Proprietary Diet Aid to Help Dieters Eliminate Food Cravings 3Health News:The University of Scranton Launches Online MS in Health Informatics 2Health News:The University of Scranton Launches Online MS in Health Informatics 3Health News:Research Performed at PRMA Expands Breast Reconstruction Knowledge 2Health News:Research Performed at PRMA Expands Breast Reconstruction Knowledge 3Health News:Research Performed at PRMA Expands Breast Reconstruction Knowledge 4Health News:Research Performed at PRMA Expands Breast Reconstruction Knowledge 5
... Business School,s Social Enterprise Program What: The Social ... Forum that features speakers and discussants with an insider,s perspective ... New York. When: ,Thursday, April 28, 2011, 8:00 a.m. ... University, 64 Morningside Drive (Entrance off 116th Street, East of ...
... , FRIDAY, April 22 (HealthDay News) -- Women who ... to have children with behavioral problems, a new study ... Telethon Institute for Child Health Research in Perth, Australia, ... had shown a link between stress during pregnancy and ...
... 22, 2011 One of the world,s foremost glaucoma researchers, ... Farfel Award, the highest distinction bestowed upon faculty by the ... of $10,000, the Farfel Award is a symbol of overall ... is the 33rd recipient. "I feel very honored ...
... , FRIDAY, April 22 (HealthDay News) -- New ... symptoms of irritable bowel syndrome. Researchers from the ... an "anti-pain" channel in the colon. This contributes to ... "Our research shows that peppermint acts through ...
... -- (Bronx, NY) -- Transplanting cells from healthy adult livers ... millions of people worldwide, according to an animal study in ... Clinical Investigation . Jayanta Roy-Chowdhury, M.D. , professor ... Albert Einstein College of Medicine of Yeshiva University, ...
... An article in Science Signaling by researchers ... (RCAI) has clarified for the first time the mechanism ... The finding establishes a role for the extracellular signal-regulated ... key step toward the development of B cell-targeted drugs ...
Cached Medicine News:Health News:Columbia Business School hosts American Healthcare Landscape in 2014 Leadership Forum 2Health News:Pregnant and Stressed May Mean Offspring Who Misbehave 2Health News:Renowned glaucoma researcher receives University of Houston’s highest honor 2Health News:Liver-cell transplants show promise in reversing genetic disease affecting liver and lungs 2Health News:Signaling pathway reveals mechanism for B cell differentiation in immune response 2
(Date:4/21/2015)... , April 21, 2015  CryoLife, Inc. (NYSE: ... company focused on cardiac and vascular surgery, announced today ... on Tuesday, April 28, 2015.  On that day, the ... at 10:00 a.m. Eastern Time to discuss the results, ... Pat Mackin , Chairman, President and Chief Executive ...
(Date:4/21/2015)... Mary Kelly, Ph.D ., is helping members of the Medical Group Managers Associations (MGMA) deal ... http://photos.prnewswire.com/prnh/20150420/199849 ... ... ... pulling your hair out of your head or going bankrupt," said Kelly, a popular keynote ...
(Date:4/21/2015)... , April 21, 2015  Edico Genome today ... solutions with Intel,s Xeon processors to accelerate next ... will enable completion of primary and secondary NGS ... decreasing costs, streamlining data analysis in the cloud ... of big data sets, such as analysis of ...
Breaking Medicine Technology:CryoLife Announces Release Date and Teleconference Call Details for 2015 First Quarter Financial Results 2Medical Group Managers Build Effective Practices with Strategies from Leadership Expert Mary Kelly 2Medical Group Managers Build Effective Practices with Strategies from Leadership Expert Mary Kelly 3Medical Group Managers Build Effective Practices with Strategies from Leadership Expert Mary Kelly 4Medical Group Managers Build Effective Practices with Strategies from Leadership Expert Mary Kelly 5Edico Genome Collaborates with Intel to Overcome Big Data Bottleneck in Next-Generation Sequencing 2Edico Genome Collaborates with Intel to Overcome Big Data Bottleneck in Next-Generation Sequencing 3
For the quantitative determination of triglycerides in serum. Linearity: 1000 mg/dl....
Alkaline phosphatase FS (IFCC). For determination of alkaline phosphatase (ALP) in serum or plasma. For Hitachi 717. Controls: Trulab N and Trulab P....
For the quantitative determination of alkaline phosphatase in human serum....
Intended for the quantitative determination of alkaline phosphatase activity in serum or plasma. Kinetic reaction. 405 nm wavelength. 830 U/L at 30C linearity. Single vial, dry powder reagent....
Medicine Products: