My employer has over 100k employees, and our insurance is pretty typical for a big US company. I hit my out of pocket maximum ($7500) two years in a row after my wife’s cancer diagnosis. I am certain that I am in the minority in being able to afford an unexpected $15,000 expense. It sucked for me and changed a bunch of plans. Many people would probably find themselves servicing an additional difficult debt at one of the most difficult moments of their life.
If you don’t have insurance, I don’t know what you would do. The total bills were hundreds of thousands of dollars.
From the department of duh?
My employer has over 100k employees, and our insurance is pretty typical for a big US company. I hit my out of pocket maximum ($7500) two years in a row after my wife’s cancer diagnosis. I am certain that I am in the minority in being able to afford an unexpected $15,000 expense. It sucked for me and changed a bunch of plans. Many people would probably find themselves servicing an additional difficult debt at one of the most difficult moments of their life.
If you don’t have insurance, I don’t know what you would do. The total bills were hundreds of thousands of dollars.