I don’t know if any of you have ran into this situation, but medical companies are asking for you to prepay for upcoming surgeries. According to my research, this trend has been happening more and more, because of the increase in deductibles with insurance plans. Prior to this new trend, someone would have a surgery scheduled. They would go in for the surgery. The hospital would then file a claim with the insurance company. Once the insurance company processed the claim, then you would get a bill. This still happens today, but the hospital and medical providers are trying to jump the gun by having you prepay.
This past summer, I worked summer school at one of the high schools in my school district. Just like at my school, there was an opportunity to get a free meal from a financial advisor. I normally avoid the teachers lounge on these days, because I like to avoid the awkward conversations. This time, I was interested to hear what they had to say. I took this as an opportunity to listen to the message and report back to my readers. Plus, I was interested to learn more about TRS.
Recently, I was having a conversation with my brother-in-law. In this conversation, he told me a story about how he was helping a widow with some yard work and mending a fence one Saturday (a program that our church has to help the widows in the church community). She was recently widowed (less than two weeks) and there were multiple guys helping her with her yard and fence, but she asked for one more thing before they left. She wanted help with the finances.
Everybody who owns a car, owns one for a reason. Some people need their cars to get from point A to point B. Some people buy cars to impress their neighbors. Some people just buy an absurd amount of cars, because they like them. No matter who you are or why you buy a car, there comes this added cost of insuring the vehicle.