Quote:
Originally Posted by Rick Lee
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.
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my mother in law just died at the end of last year. they paid out the #$$ for medical bills. they were self employed and had very little insurance. plenty of cash to pay bills.