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Finally Finished Paying Off My Medical Bills.

In July, Mrs. Micah issued a personal finance challenge to her readers; to find one step you can take to make your financial system better or more organized. Well, in answer to that challenge, I promised myself I would get my medical bills 100% paid off, and I just finally wrote the last check out for $208.96 for the removal of my stitches. Sure, something else may pop up this year (like my wife needing new glasses), but I have finally paid off all the expenses tied to both my misdiagnoses of leukemia and my real diagnosis of a melanoma skin cancer. Needless to say, I don’t ever want another year like this one until I am about 85 years old.

Let’s take a look at some figures from this year now that I have assembled all of our medical costs for the year. Please note that only about $150 of this total is expenses for my wife – a teeth cleaning and a physical. Amazing.

$4,397 – health insurance premiums
$9,787 – copays, tests not covered, CT Scan, etc.
$112 – RX

Total: $14,296 I paid out $14,296 of our money for healthcare needs this year. I cannot begin to imagine how hard this would be on families that do not make the kind of money we do. Do I feel relieved that I wrote out that last check for $208.96? Yep. Do I feel healthy? Yep. But I also know how lucky I am that I could pay off these bills with cash and not have to go into credit card debt or file for bankruptcy all in the name of my health. When people don’t have health insurance they can afford, they go to the emergency room for treatment of colds and minor issues or they wait until they are even sicker to seek help. This ends up costing us all more money in the long run. The system, no matter what you think will fix it or how we can do it, is truly broken and needs an overhaul.

I feel good, and thank you to everyone who sent their kind emails and left nice comments. Supposedly I am 100% cancer-free and should live a perfectly fine and normal life as long as I get checked every 6 months. I feel great that I no longer have those bills coming in every few weeks. As soon as I thought I was done, something else would show up. But I am done now and we can go back to saving more for a house and working towards our long-term goals. It feels really nice to be out of debt again!

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Comments (11)

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  1. Pete says:

    Congrats on the payoff! It’s good to have tha insurance to, we’ve had over 250k in medical bills this year for my wife’s blood clot in her leg, and without insurance we would’ve been in big trouble. With insurance we paid about $2000.

  2. Miranda says:

    Glad to hear that you are healthy — physically and financially.

  3. Debt Hater says:

    Congratulations! Health care expenses are an especially difficult and heartrending expense, but how can you cut corners on something you absolutely need? Like I’ve said on my own blog, some pennies aren’t worth pinching. Again, congrats on paying that off!

  4. Congrats. That’s a really big accomplishment and I bet you feel great.

    Thanks for sharing and keep up the good work.

  5. lulugal11 says:

    Congratulations on the medical bills payoff. I understand what you mean about medical emergencies popping up one after the other. I recently had surgery…..and when I was almost done paying most of the bills….we found out that my mother had cancer.

    I will be done with my medical bills in January….but there is a long road ahead with my mother’s bills.

  6. Middle Way says:

    Congratulations on getting healthy and getting rid of the debt associated with it and being done with the emotional part that the debt represented!

  7. Gail says:

    2 years ago, I found out I had lymphoma and leukemia, and I was in between jobs due to layoffs. Didn’t get temporary insurance. I am also disabled, and work part time. Spent 65 days in the hospital after getting out of ER. $250,000 later…I have insurance now and I’m lucky to be alive, remission and fortunate ….Save, save, save for these emergencies.I was able to compromise and get discounted offers from hospitals and clinics, one botched surgery for pic line never had to be paid; work with them. Times are now tight, work with everyone!

  8. [...] – everyone should pay for what they have received. It took me a while, but I was finally able to pay off my own medical bills. Good [...]

  9. [...] – everyone should pay for what they have received. It took me a while, but I was finally able to pay off my own medical bills. Good [...]

  10. [...] payments – and in 2008 alone I ended up spending $14,296 of my own money on health care. That was WITH health insurance. It’s not that the tests were really that much more money than that and that if I [...]

  11. [...] and got insurance again (although how much “insurance” insurance actually gives you is definitely in question nowadays) and all was OK. And if I remember correctly, my brother signed up for COBRA back when he lost his [...]

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