August 28, 2009
If you think the average Joe is the only one worrying about his medical expenses or healthcare bills, he isn't.  According to the Wall Street Journal, even the wealthy are hiring outside companies to help navigate our expensive health care system. These services include evaluating care options, checking insurance coverage, and handling bills and insurance claims.

August 5, 2009
Carebudget has launched a new, content rich website, www.carebudget.com, focused on providing people with information on how to manage, control and pay for their medical expenses and medical debt.  Carebudget is designed to be the trusted source to help U.S. consumers find solutions to their medical expense questions, whether they have questions about an existing healthcare debt or are trying to prevent future healthcare expenses. 

With over 16% of the U.S. GDP currently spent on healthcare, it’s important that every person is fiscally responsible and can pay for his or her healthcare needs.  According to a recent study funded by The Commonwealth Fund, the average out-of-pocket cost for medical services for adults with employer coverage increased 34% from 2004 to 2007 to $729 annually.  For uninsured adults, the potential burden is higher.  Further, a recent study by researchers at Harvard University found that over 50% of bankruptcies were partly the result of medical debt and that the average out-of-pocket medical debt for those who filed for bankruptcy was over $12,000. Healthcare is expensive and the cost is only going to continue to rise.  Carebudget provides answers to help consumers address these rising costs.   

If you have any questions relating to healthcare expenses or suggestions or questions about Carebudget or our website, Carebudget.com, please This e-mail address is being protected from spambots. You need JavaScript enabled to view it us.  We take your comments very seriously and will continue to roll out new content to address your queries and concerns.