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Aperson’s health becomes increasingly important as they age. We not only suffer from it in terms of our quality of life but also in terms of financial hardship.
The reason? It is not uncommon for health problems to result in higher medical costs, lost wages, or even early retirement as a result of illness. A staggering 66.5% of bankruptcies are caused by medical expenses, making it the most common cause of bankruptcy.
But, it gets worse.
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