Tuesday, December 21, 2010

Nearly 1 in 3 working families are struggling now in USA

A statistic reveals that nearly 1 in 3 working families are struggling now to manage their basic needs in the United States.In other words, about 100 million people are struggling out 308 million, the population size of the United States.

Situation may get deteriorated further in 2011 if Govt cut social security spending to manage its deficit of USD 1.4 trillion now.

Annual US Federal Govt budget stands at almost USD 3.5 trillion but half of it goes to support the needy people of the society through social security program (unemployment benefit, food etc), medicaid (health support) and medicare (health support) program.

Almost 13-17 percent of the population are living below the poverty line in USA and without govt support they may not even survive especially no one can afford medical bill. In USA, the medical bill is always a giant figure. So if you are sick and if you do not have any medical insurance or if you are not attached with any Govt health program such as medicare or medicaid or so on, you will have to spend all of your properties for treatment.

In USA, if you are sick you can admit any medical hospital for treatment. Hospital will treat you whether you can pay or not. After treatment they will send you the medical bill.

Suppose your medical bill has been USD 10 thousand. If you are not capable to pay right now (you do not have any medical insurance also), hospital may ask you to pay in 4/5 years time. They will set an installment amount for every month so that you can pay in next 4/5 years.

By law, a hospital can not deny your treatment by saying that you are not capable to pay. Treatment first whoever (citizen, illegal, tourist, student etc) you are.

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