According to an article in the Dallas Morning News, even if you have medical insurance and go to an “in-network” hospital, you could still end up with a ton of medical debt due to a practice called “balance billing.” In a nutshell, balance billing equals more medical debt for consumers who use “in-network” hospitals who [...]

According to an article in the Dallas Morning News, medical debt can have a huge impact on a debtor’s credit score affecting their ability to obtain home loans, credit cards as well as the interest rate they’re offered. The article focuses on the story of Steve Smith who suffered a heart attack during a lapse [...]

Review your coverage during open enrollment

According to an article this Sunday in the Dallas Morning News, “It’s open season, and time to rethink your health plan,” this is the year to rework and review your health insurance coverage. Over the last several months, many workers crammed in last minute medical care in anticipation of job [...]

According to an article in the Dallas Morning News, Pennsylvania’s attorney general is suing Turbine Airfoil Designs, Inc. a Texas company, for allegedly not paying employees’ health insurance premiums for five months despite the fact that the company was deducting a portion of the employees’ paychecks for health insurance.  Because of the company’s failure to [...]

Tirra Jones filed Chapter 13 bankruptcy last month and finally got relief from $271,000 of debt mostly medical debt that had become an albatross around her neck. When Tirra came to us for help, she was feeling stressed and overwhelmed by all of the medical debt that was created by a series of hospital emergency [...]

According to an article in the Star-Telegram, bankruptcy filings caused by medical debt are on the rise as the economy worsens and more Americans lose their jobs and by extension their medical insurance. The article features Tirra Jones, who recently filed Chapter 13 bankruptcy because of the stress and financial duress created by more than [...]

According to an article in the Star-Telegram, Texas Health Resources is implementing its third round of job losses this year.  More than 100 Texas Health Resources employees have suffered job losses this year, including 23 workers at the Texas Health Harris Methodist Hospital Fort Worth.
The article said:
“The layoffs, announced to employees on Sept. 8, are [...]

According to an article in the American Medical News, LifeMasters Supported SelfCare Inc. has filed for Chapter 11 bankruptcy and hopes to continue operating the company during bankruptcy as a debtor in possession. The disease-management company has told the bankruptcy court that it has sufficient cash to continue operating but is filing Chapter 11 bankruptcy [...]

According to an article in the Star-Telegram, a widow is claiming that debt collectors hounded her husband to death with as many as nine harassing and illegal calls per day, causing stress that contributed to his fatal heart attack. She’s suing Green Tree Servicing for damages, claiming that their illegal collection practices that led to [...]

According to an article in the Star-Telegram, American Airlines is dropping health insurance benefits for it’s non-union retirees over 65 year old as the company battles to avoid bankruptcy.
The article said:
“American officials said Tuesday that letters went out to 5,500 retirees last week. The insurance plan will end Dec. 31, leaving retirees with the [...]

According to an article in the LATimes, Downey Regional Medical Center filed for Chapter 11 bankruptcy, stating that it would use bankruptcy to get out of “money-losing” HMO contracts.
They article said:
“The private, not-for-profit, 199-bed hospital said that it expected to emerge from bankruptcy within a year and that all services would remain [...]

According to an article in the Dallas Morning News, the most recent U.S. Census Bureau figures states that Texas leads the nation in the percentage of residents without health insurance.  More than 1 out of every 4 Texans are without health insurance, a total of 6 million residents and Texas leads the nation in [...]