Week 50 Day 2: Health Insurance: The Biggest Financial Risk in America

Medical debt is the number one cause of personal bankruptcy in the United States. A single hospitalization can cost $50,000-$500,000 or more. Health insurance is not optional -- it is the most critica...

Medical debt is the number one cause of personal bankruptcy in the United States. A single hospitalization can cost $50,000-$500,000 or more. Health insurance is not optional -- it is the most critical insurance you carry. Even a high-deductible plan with a $7,000 out-of-pocket maximum protects you from the six-figure bills that destroy financial plans.