Sunday, February 22, 2009

Report: 4 million Americans lost health insurance since recession began

From http://www.bizjournals.com/albany/stories/2009/02/16/daily58.html.

Health insurance plays a critical role on personal finance.
From risk management point of view it is very important to have available coverages in time of need.
However, the economic crisis has driven the people out of their policies.
And report also says that much as 14,000 people could be losing their coverages daily.

In the past, I have researched about the rising health care issues for RMI 4010.
The health care price has gone up 2 times the amount of our inflation.

As unemployment rate rise, the people who are uninsured would go up by a large amount.

As we can expect the condition can get worse, each people must perform their personal risk management to stay in good shape .

Things can happen when you least epect it.

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