Financial Planning: Ideas to Get Your Medical Bills in Order

Medical bills are a major issue for people all over the United States, and it isn’t just people who fall under the poverty line who are struggling to pay these expenses. After all, even people who are gainfully employed may find it difficult to pay for an extended stay in the hospital or an emergency surgery that could cost $25,000, $50,000 or even more.
However, medical bills don’t have to be a noose around your neck, and they don’t have to keep you up all night. There are ways you can begin to pay them off and get your finances under control.

Financing Health: How to Plan for Emergency Bills

Paying for unexpected medical bills can be costly and set you back financially if you are not prepared. However, there are some things you can do to minimize the impact of future emergency medical costs and other unexpected expenses. We have put together a list of practical ways you can better prepare for emergency expenses, no matter where they come from.

Is a Health Savings Account Right for You?

What is a Private Health Savings Account? A health savings account is a special account that individuals in the United States can use to pay for certain medical expenses. It is  “tax-advantaged” similar to an IRA. The idea of the health savings account (HSA) is to help offset high-deductible health insurance plans and thus allow […]

Helping A Family Member With A Mental Disorder

A mental disorder can happen to anyone in a family. In addition to the emotional and physical distress that mental illness inflicts on an individual and his/ her family, finances also become strained. There a number of ways that people can assist their family members who are suffering from mental illness to ease their lives […]

The Financial Dangers Of Avoiding The Doctor

Everyone should have checkups on a regular basis. Often when we are trying to save money we skip check-ups because they cost money. But this may be a case of  “Penny Wise and Pound Foolish.” Regardless of the reason you are avoiding the doctor, not having checkups can lead to extra financial costs in the […]

Costs Associated With Home Health Care

Studies across the country estimate that at least 70 % of people, over the age of 65, will need some form of long-term health care or support services in the future, given the longevity of life in present times. Caregiving is usually an emotional strain, taking a toll on the health and emotional balance of the caregiver. […]

Babies are Expensive- Adoption or Fertility Treatments- More So

Kids are expensive. Everybody knows this. In fact, budgeting for a new baby has become something of a science that many new parents are trying to perfect. Babies are expensive enough when they are produced naturally. When you have to factor in the cost of fertility treatments or infertility options on the other hand, that […]

A Closer Look at Health Care Fees

If you have ever walked out of a hospital and wondered why you have to pay thousands of dollars for a simple procedure, you are not alone. The costs of health care in the United States have never been higher. There are a number of factors that go into the cost inflation ranging from administrative […]