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Medical problems contributed to 62% of all personal bankruptcies filed in the U.S. in 2007- an estimate of over 500,000. This is a 50% increase over results from a similar 2001 study.
Council for Disability Awareness - 2010
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Will my premiums increase with age after my initial enrollment?
No! The monthly premiums are age-banded. However, once you are enrolled in the Plan, your premiums will remain the same and do not increase with age. The age bands for initial enrollment are: Under 40, 40-49, and 50+.