Last Updated on Apr 8, 2020 by James W

Whether you have a health insurance or not, sudden health expenses can hit you when you least expect it. This is why planning for this ahead of time can save you a lot of headaches and make the situation a lot less difficult should it ever occur. In any case, here are a couple of handy tips to help you along the way:

Medical bill negotiation

While true that the situation may not allow for this if every minute counts, but if you can spare the extra time, it’s a good idea to check around the web to locate the best and most affordable medical service provider.

If this is not an option for whatever reason, you can always try to negotiate the bill, perhaps setting up some kind of a monthly payment plan. Also, make sure to know the ins and outs of your health insurance policy if you have it, so you can leverage it to your advantage as much as possible.

Finally, make sure the medical bill does not contain any errors or overcharges.

Critical illness insurance

If your diagnosis is on the list of critical illnesses covered by your insurance, this can help you save a lot of money. Do keep in mind that the costs of medical care are just one part of the equation; the other type of expenses come in the form of travel expenses, time off from work, etc.

That being said, not every disease you’re diagnosed with counts as a critical illness. To get a better picture, these include:

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– Stroke

– Heart attack

– Paralysis

– Severe burn

– Cancer

– Angioplasty

– Major organ failure

– Coma

To better accommodate your needs, a critical illness insurance can often be customized to a certain degree. In any case, it’s better to stay safe and plan in advance and have it covered, much better than being trapped in a troublesome situation without having any kind of insurance to lean on.

Hospital indemnity insurance

Getting a hospital indemnity insurance is another way to plan for the unforeseen. It will help you cut down on the medical expenses if you anticipate needing some medical services relatively soon. This sort of arrangement can alleviate some of the financial burden while not costing you that much money on a monthly basis.

Bear in mind this solution is not suitable for providing catastrophic coverage. However, it does offer some financial benefits when it comes to medical expenses having to do with surgery, hospitalization, or therapy services.

Also, this type of insurance is good to have because it’s going to cover the hospital room costs and several kinds of therapies, including chemotherapy, to name one example.

If you’ve run out of options, you can always get a loan

If you’ve genuinely run out of options, consider getting a loan. Understandably, getting approved the conventional way may be off-putting to some, since you have to schedule a meeting, answer some detailed questions, file the necessary paperwork, etc. But the great news is that certain providers like have decided to streamline the process, so you can get approved for a loan without going through the unnecessary hurdle.

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Your health is the most valuable thing you have, so toying around with it shouldn’t even be considered. Instead, planning ahead is the wise thing to do, so make sure you know your options at all times.


Founder and chief editor of Blogger, Affiliate Marketer, Tech and SEO geek. Started this blog in 2011 to help others learn how to work from home, make money online or anything related to business and finances. You can contact me at