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Personal Finance (Not Investing) • How to Avoid Medical Bankruptcy?

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A friend was just telling me that his sister is going through medical bankruptcy after getting a cancer diagnosis last year. He said that she has decent health insurance and a prescription coverage plan through her mega-corp employer. It would be too personal for me to ask him any deep questions, but I'm horribly naive when it comes to this kind of thing. She and husband earn a fairly sizable salary and have one grown kid. I don't understand how they could end up in bankruptcy.

Other than staying healthy, what can I do to avoid having this happen to me and my spouse?

Statistics: Posted by Cheego — Mon Aug 12, 2024 9:51 am — Replies 3 — Views 209



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