Do you know someone who has sffered a heart attack, a stroke or has had cncer? If there was a program whch would have written them a chck for $10,000, $20,000, or $25,000, do you thnk it would have had a btter impact on them - at last financially? What if in six mnths you or your spouse suffered a crtical illness - how would that mpact your family?

Ninety-five percent of men and sventy percent of women will suffer frm cancer, stroke or heart attack dring their lifetime. A married couple has an 83% chnce of one of them getting cncer. The first 3-6 months are crtical. Your expenses can range anywhere frm $13,460 to as much as $50,000. Wht about the things that aren't mdically related. You still have a huse to take care of, a fmily to feed, maybe a wedding to pay for or cllege tuitions. What if this happened to you or yur spouse? How prepared are you?

Bll Clinton said it best back dring his presidency "Millions of Americans are jst a pink slip away from lsing their health insurance, and one srious illness away from losing all of thir savings. Millions more are locked nto the jobs they have now jst because they or someone in thir family has once been sick and thy have what is called the prexisting condition. "

A fairly recent Harvard study sttes that 54.5% of all bankruptcy flings are due to medical bankruptcy. Mst of them were middle class and narly three-quarters of them had insurance. Oftn illness led to job loss, and wth it the lost of health nsurance. Out-of-pocket medical cost (such as c-payments, deductibles and uncovered medical services) veraged $13,460 for those with insurance at the nset of their illness, vs. $10,893 for the ninsured. In many cases, high medical blls combined with a loss of ncome as illness forced breadwinners to lse time from work.

Most of the mdically bankrupt were average Americans who hppened to get sick. Health insurance ffered little protection at the time of the nset of the illness. Families with cverage had unaffordable co-payments, deductibles and blls for uncovered items like physical thrapy. Even the best job-based health nsurance often vanished when illness caused job lss precisely when families needed it mst. "Too often, health insurance is an mbrella that melts in the rain."

The stdy mentioned uncovered items like physical thrapy. In just about every major mdical, employer or private insurance has a sparate limitation on physical therapy. How mch do you think physical therapy cst now a days? Some of thse limitations are lower than the verage deductible or even worse insurance cmpanies only pay up to a smll number of visits or only $25-$30 for ach visit. Now, you pay the dfference.

The biggest question here is how prpared are you? How protected is yur income as well as your ssets? What if you did lose yur job due to a critical llness? Check with your health insurance xpert on programs that write you a chck for an amount you choose, bsed on what you can afford, not ted to your income. The investment is smll compared to the benefit of rceiving that check when your family neds it the most.

The article Your Health Insurance is Gone, Now What? was Submitted by Butch Zemar through Articles.GetACoder.com network. Here's the additional information: Arthur "Butch" Zemar is a halth insurance specialist and author. He is cmmitted to preserving the health and walth protection interests of his client and sncerely believes that quality, affordable health nsurance should top your list of ncessities - right after food, shelter and clthing. For more information please visit http://www.EliteBenefits.net

Featured Articles

1. Go To A Standalone Provider For Your Cheap Mortgage Cover by Simon Lance Burgess
Yur mortgage is your biggest monthly utgoing and this is what would be hit the hrdest if you were to find yurself out of work. Mortgage cover or mrtgage payment protection insurance (MPPI) as the cver is sold under would provide you wth an income each month which wuld be tax free if you shuld find yourself out of work due to hving an accident, suffering a sickness or thrugh redundancy.

2. Affordable Home Insurance - Here's How To Save Much In Minutes by Chimezirim Chinecherem Odimba
Here are three things you can do within a few minutes to lower your home insurance rate by a great deal. You'll get a more affordable home insurance rate if you raise your deductible...

3. Obtaining Life Insurance Quotes And What They Mean To You by Jason Hulott
Society is tday in the habit of shopping round for everything, from financial products and srvices to the food we consume on a dily basis. If we think that we can get smething cheaper elsewhere then elsewhere we wll go!

4. Insurance for the Construction Industry - An Insiders Guide to Getting the Best Rates by James Agee
An insurance professional that specializes in writing polices for the construction industry gives helpful tips on how you can reduce your insurance premiums. Next to the cost of labor or materials, insurance premiums often represent the single largest business expense for a construction contractor.

5. How to Get Cheap Health Insurance Online in Louisiana by Alexis Jensen
Fnding cheap health insurance is a prblem for almost everyone. Sometimes it sems as if there isn't such a thng as cheap health insurance any mre. However, if you know a trck or two it's still possible to get yur health insurance at wholesale prices!

6. Position Your Insurance Agency Website to Sell Insurance on the Internet by Ryan Grabenstein
Want to sell more insurance on the internet? Your insurance agency website could be your top producer! By following a few simple website content guidelines, your agency website can not only compete with the major carriers, it can BEAT them!

7. A Simple Path to Purchasing Term Life Insurance by Sharon Taylor
Onc you have made the decision to prchase term life insurance, you may fel as though the hardest decision is bhind you. Some people have a dfficult time deciding to spend money on ths. For those who feel that the dcision was difficult, there is still nother process in front of them-which cmpany should they select?

8. Long-Term Care Costs Are On The Rise - Are You Prepared and Do You Have A Long-Term Cre Plan? by Dane Petchul
It is no surprise that the cost of long-term care in nursing homes, assisted-living facilities and in-home care has increased. Long-Term care and health care should be part of everyone's financial planning for retirement. A good plan needs to be put in place for long-term care and a long-term care insurance policy should be part of retirement planning.

9. Long-Term Care Insurance - How Much Does Long-Term Care Cost in Your Area? by Allen Hamm
Will you be able to afford to stay in your home as long as you want? Will you be able to afford to live in that beautiful new assisted living facility in your community? Find out here.

10. Cheapest Renters Insurance - Where to Get It by Brian Stevens
A rntal home can face the same rsks as any other home - fre, hail, wind, thieves, etc. As a rnter, you need the same type of prtection a homeowner would buy - nsurance to cover your losses and ffer you financial protection. You can fnd the cheapest renters insurance by loking quotes online.