If you aren't Bill Gates and you don't have a secret trust fund, chances are you have a pile of medical bills somewhere, adding up toward…
The healthcare industry currently accounts for 20% of our GDP with annual costs that are five times the defense budget. Perhaps you have a cold once during the winter, you have your yearly physical, and you take an anti-depressant daily. These things add up, and quickly. So what is your average Joe expected to do with said scenario?
There is no time like the present to keep your mental and bodily health in check, but when it comes to doctors’ bills and insurance premiums, it’s just about impossible to keep them at bay. If you’re wondering what you, yourself, can do about these bills to keep the creditors off your back and the clinics billing office at a comfortable distance, the answer is, unfortunately, far from simple. The insured and the uninsured alike find themselves in something of a catch-22. Go to the doctor and feel better now, but be nauseous with anxiety over debt later, or wait it out and see just how badly a broken arm heals without a cast.
Will it always be a matter of choosing between one’s personal health and a stable checkbook? In this economy, it seems to be a toss-up at best. People around the world are shifting a great deal of attention onto the laws president Obama is planning to pass, requiring that everyone have access to affordable healthcare. Although his plan is laudable, it has raised a lot of eyebrows of fiscal conservatives and Republicans, who fear that ObamaCare may be socialistic.
ObamaCare was declared constitutional by the Supreme Court on June 28th, but it will still be met with a great deal of dissent. So the question remains, while some other countries seem to be sailing by with reasonable rates of insurance and low to gratuitous costs of doctor bills, why in the world can’t we find a sensible solution for what ails us? It’s no wonder there are a growing number of ex-patriots around the world, seeking asylum from their closet monster of medical bills. People are finding it easier to emigrate from their home countries than to afford the day to day costs of living a healthy American life.
Maybe the only solution is to consult a debt specialist. It may not be the cheapest option, but it certainly could be the most effective. It depends on just how deep in debt you are to begin with. Can you wade your way out with some light negotiations with creditors or do you have to put on a virtual wet suit to swim your way out of the pile bills from your last fourteen hospital visits?
Only one thing is for certain: at some point, every American will encounter the stresses of this country’s jumbled health policies. Will you be ready?