(Editor's note: This blog has been republished here with permission from Zane Benefits. This is part three of an ongoing series. You can check out part one here and you can read the original, in its entirety, here.)

The No. 1 reason group health insurance is evil is because it is temporary. This is the biggest problem with group health insurance—it only covers you when you or a loved one is healthy enough for you to remain at work. Sadly, most people don't realize this until they become too ill to come to work and get terminated, or they can't come to work because they are needed full-time to take care of a sick child or spouse.

Each year between 1 million and 2 million American families file personal bankruptcy. Until recently, the causes of these bankruptcies were unknown, and most people assumed credit card spending, divorce, and loss of employment to be among the major reasons. In February 2005, Harvard University released the results of its study, "Illness and Injury as Contributors to Bankruptcy."