1k$ surplus income per month on a 18k$ bill means you'd have to forfeit all surplus income for 18 months.
If any other medical emergency happens and you have another 18k bill? Or a car accident (of which there are a lot)? Or car just breaks down? What if you get fired and spend a few months searching a new job?
This isn't exactly financial security with such a bill pending over your head plus numerous other bills being a possibility.
There is financial security for me. I don't have to worry about not being able to pay my hospital bill. I won't have to file for bankruptcy because I'm unable to pay because that doesn't happen.
So there is certainly some financial security for anyone in the world of what-ifs, atleast as far as medical coverage is concerned.
1k$ surplus income per month on a 18k$ bill means you'd have to forfeit all surplus income for 18 months.
If any other medical emergency happens and you have another 18k bill? Or a car accident (of which there are a lot)? Or car just breaks down? What if you get fired and spend a few months searching a new job?
This isn't exactly financial security with such a bill pending over your head plus numerous other bills being a possibility.