Any one of these types of incidents can lead to life - altering injuries which result
in huge medical expenses and an inability to work and support yourself and your family.
Not exact matches
In the US it may still be thought wise to have such a fund in case a family suddenly faces huge medical expense
In the US it may still be thought wise to have such a fund
in case a family suddenly faces huge medical expense
in case a family suddenly faces
huge medical expenses.
This is also a good source of
huge loan amounts that can be used for big - ticket
expenses such as home renovations, payment for college, debt consolidation, and
in covering costly
medical bills.
Even, if you think you have built up enough cash
in your emergency fund, paying
huge medical expenses can easily drain whatever you have saved over time.
Strokes
in people account for a
huge amount of
medical misery and
expense.
Another thing to consider is that
in case of your sudden death, things like
medical bills, legal
expenses and funeral services can all add up to a
huge amount of money.
Usually, people buy adventure / extreme sports to cope up with the
huge medical expenses incurred while traveling abroad,
in a distant land, or where
medical evacuation charges can skyrocket up.
Especially when it comes to any
medical exigency, the
huge expenses makes a hole
in the pocket.
A serious
medical issue or a major accident resulting
in emergency care and / or expensive treatment calls for
huge out - of - pocket
expenses, which could lead to poor credit and sometimes even bankruptcy -
in the absence of health insurance coverage.
This put tremendous pressure on his business — since he had
huge medical bills to pay, the profits he made
in the business, went towards paying his
medical expenses, instead of being reinvested into the business.