JKB Financial, Inc. Provides Relief to those Wallowing in Medical Debt


Posted August 26, 2014 by adsrelief

Americans spend a staggering $2.7 trillion on health care each year—roughly 18% of the nation’s gross domestic product (GDP).

 
Roseville, California (August 14, 2014) – JKB Financial, Inc. understands that good health is the most valuable kind of wealth one can possess. However, the company notes that medical care in the country remains tremendously expensive and has led many people to financial ruin.

Americans spend a staggering $2.7 trillion on health care each year—roughly 18% of the nation’s gross domestic product (GDP). Given this astronomical cost, it is not surprising that NerdWallet Health (a division of the popular price-comparison site) found that unpaid medical bills are the leading cause of bankruptcy in the United States, beating out even credit card debts and mortgage defaults for the top spot. According to its report, an estimated 1.7 million people have filed for “medical bankruptcy” in 2013 alone, while another 56 million adults struggled to pay their hospital bills.

The International Federation of Health Plans also observes that medical procedures in the U.S. can cost three to five times more than they do in other countries, even while the overall healthcare quality lags behind its international neighbors’. The reason behind this grossly inflated cost is the fact that America’s medical industry is unregulated and thus fundamentally for-profit in nature. As a result, citizens often need to sacrifice their financial well-being in order to maintain their physical health.

Fortunately, JKB Financial, Inc. helps those wallowing in medical bills to conquer their debt. People who owe at least $10,000 in medical debt (and other types of unsecured debt) can contact the firm, whose advisors will then refer them to qualified debt processing companies. The latter will try to renegotiate outstanding balances with hospitals in order to reduce the total amount due. A repayment plan will then be crafted, allowing clients to pay with affordable monthly installments for their remaining debt.

Over the years, the company has helped countless people recover from the financial damage caused by medical debt. To learn more about the services offered, visit www.AdsRelief.com.

About JKB Financial, Inc. JKB Financial, Inc. does business under the trade name American Debt Solutions. It specializes in helping people overcome unsecured debt by facilitating debt renegotiation.
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Issued By Rochelle Gregory
Website JKB Financial, Inc. Provides Relief to those Wallowing in Medical Debt
Phone 888-304-7799
Business Address 970 Reserve Dr Ste 160 Roseville CA 95678
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Country United States
Categories Business
Tags jkb financial , inc
Last Updated August 26, 2014