Medical care is expensive, even for those in Florida who have insurance coverage. An accident, prolonged illness or emergency surgery can result in bills totaling thousands of dollars, and most people are not able to effectively manage this amount of debt without assistance. High deductibles and other expenses leave many people struggling with debt, even with a good insurance plan.
The rising cost of health care and the costs associated with significant changes in the insurance system over the recent years have been passed to consumers in the form of astronomically high deductibles. Sadly, many people do not realize that their deductibles are so high until it is too late or until just before they need a major surgery. Most people prefer high deductibles to high premiums, but that can backfire in the event of an emergency.
Insurance and affordable health care continues to dominate national conversation, and changes are sure to come. People in Florida and elsewhere will want to completely understand their insurance plans and the many different types of deductibles that they may have to pay. Many do not know what they could be obligated to pay and may be left with an insurmountable amount of debt.
When a person is struggling with debt related to medical bills, he or she may feel overwhelmed and unsure of what to do next. For many people, filing for bankruptcy may be an effective way to deal with unsecured debt, which includes medical bills. It is always beneficial to learn of all the available legal options, which is best done by seeking a complete case evaluation with an experienced debt relief attorney.
Source: newsobserver.com, “Got health insurance? That doesn’t mean you’ll be able to pay your medical bills“, John Murawski, March 4, 2017