Question: > I would not sell off anything, or go into debt, or charge anything to a > credit card, … in order to pay off a doctor or hospital bill.
I agree that going further into debt is not a good idea, whether it be a personal loan or a credit card, this is especially true when the rate is even higher of course. I disagree about selling things off, if it comes down to it, I would do it.
> Once your money & assets are gone, you will probably suffer horribly in > dying, esp. in this failed economy & system. Hold (very hard!) onto > whatever assets you have left.
I think this paragraph deserves a big HUH?
Answer: You should negotiate with the hospital for a lower settlement. It seems impossible, but since no insurance company actually ever pays what they bill, they are used to it. I wish that was true around here. My last hospitalization (actually not my very last, waiting for the bill on that) I told them I could pay $100 a month (total due $800 – Medicare deductible) and they wouldn’t accept that. Had to pay it off in no more than 3 months. I applied for their monetary assistance program and that picked up $600. And about 10 years ago, was paying $25 a month – and they turned it over to collection – I wasn’t paying fast enough. The collection agncy felt that $25 a month was just fine by the way.
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