Not having insurance is a huge deal in life. If you happen to fall ill or are in an accident, you're going to be drowning in medical bills for a lifetime. I am currently insured along with my babies, but my boyfriend is not. My company does not recognize domestic partnerships, which makes things complicated. This is how not having insurance has affected us, and how much it cost us.
My boyfriend has some knee issues that are aggravated in temperatures that are too hot or too cold. We have been in an extreme heatwave, and he was having pain issues. Unfortunately we had to break down and take him into the walk-in clinic to be seen. It is $90 just to see the doctor, and that is only the beginning.
After getting in to see the doctor, there were tests that needed to be run. He had some x-rays done on his knee, and then some blood drawn. When the labs were done, the doctor insisted on prescribing him some pain medication. I was worried about the costs but I couldn't say no to his treatment, especially because he is the breadwinner in our family. The total after everything was said and done between the labs and the medication, was $350.
How we took care of it
We have been building a savings account for a while now. There was not a ton of money we had put away, but $900 was a nice start. Medical bills are not something I have a lot of experience with, but I know they are intimidating. I have always had insurance, so the most I have spent out of pocket was a couple hundred dollars for a major surgery. Our total medical bill came out to $440, which is a lot of money for a family on a budget. We tapped into our savings to fill the prescription and pay the bill.
What we learned
We realized that we can no longer leave him without insurance. We are planning to get married shortly, and then he can be added to my policy. The premium will not go up because it is already a family plan. This will save us a lot of money in the long run. It could have been prevented if we had gotten married sooner, but this was just what we needed to get the ball rolling. Losing that $440 was rough, especially because replenishing it will not be as easy as we thought.
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- Personal Budgeting