I bet they have enough money for an iPhone, cable and HBO.
An unexpected trip to the hospital shouldn’t land you in bankruptcy court. Yet more than 40% of adults say they don’t have enough cash to cover a $400 emergency expense. Middle-class Americans deserve a break. The LIFT Act would raise incomes for working families up to $500/mo.
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AT&T: Along with the phone service you're buying to be a functional adult, for $30 a month you can get an iPhone to utilize the largest collection of resources in human history. Do you want that? Me: No, some prick will tell me I don't deserve it. Give me the flip phone.
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Financial literacy must be taught in all grade levels
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Absolutely. I know people that prioritize family vacations and a nice leased car over insurance. We need budgeting taught in schools. I do think we need corrections to medical, but, not universal healthcare.
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In a system where one goes to an in-network emergency room only to find out weeks later with the bill via mail that the emergency doctor in that facility was not in-network, $400 emergency expenses is wishful thinking...
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Exactly this. In the ER you have no say whatsoever who comes into the room. It is insane.
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Sorry to break it to you, but a trip to the ER is going to cost way more than $400-$500 out of pocket... even with good insurance.
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Not sure what insurance you have but my ER copay is only $100. Guess I'm lucky and have better than good insurance.
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This would not happen in Canada.
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