Quote:
Originally Posted by T77911S
I was hit by a car riding my bicycle last year. medical bills were around 50k or so. my lawyer negotiated them down to 8k.
if you walked in off the street with no insurance, you would at least pay the 50k, if not more.
it is very frustrating to think how people can get screwed just because of no insurance.
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If you had no insurance and offered to pay cash, it'd likely be a small fraction of the $50k "insurance price." If you had no insurance and couldn't pay anything, the bill might be $50k, but you wouldn't end up paying it and you probably wouldn't ever get denied a loan for having that collection on your credit report. The rest of us would pay for it though.