Are You Prepared? Most of Us are Just One Medical Bill from Disaster

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Are You Prepared? Most of Us are Just One Medical Bill from Disaster

Jan, 25th 2017

As income stagnates, people are struggling to put money aside

Wanda Battle, a registered nurse for four decades, was recently hit with a $100,000 medical bill. She has visited her local emergency room on more than one occasion due to severe migraines and mini-strokes. Battle managed to reduce her latest hospital bill to $32,000 based on her relatively low income, but still faces $650 monthly payments for a previous $22,000 medical bill. “There were times I couldn’t work,” says Battle, 61. “I have not held a job that is continuous.” She has had choppy health care coverage during her career. “One agency told me I hadn’t worked enough hours to qualify for health insurance. But I worked three 12-hour shifts per week in that job.”

Although her case is particularly...

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