Monday, July 06, 2009

Insuring the Sudden Death Survivor

I had to stop and ask again:
"What is your annual insurance premium?"

His answer: "$24,000.00 per year."

His wife chimed in, "And that doesn't include about $20,000 of denied payments we have to pay annually as well."
No wonder he needs a defibrillator.

-Wes

3 comments:

  1. ...and all that so that he can pay 20% of costs (under the best of circumstances).

    No surprise that medical debt is the main reason people declare bankruptcy.

    Marco

    ReplyDelete
  2. The claim that medical debt is a "main" reason for declaring bankruptcy has been debunked.

    See:
    http://www.nationalreview.com/comment/heriot200502110735.asp

    CardioNP

    ReplyDelete

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