Filed under: Budgeting & Planning, Family Finances
Can getting sick trigger a financial crisis? Absolutely, Skippy.We've written about it before. See: The Hidden Costs of Being Sick. Thanks to the good folks over at Sun Life Financial, we now have some data to back that up, as well.
Their most striking revelation? Almost 40 per cent will face financial hardship following a serious health event. Those between 45 and 54 will be hit hardest by "unforeseen" heath care costs.
Sickness, Financial Hardship.... And Now Broke? How to Prepare for Out-of-Pocket Health Care Costs originally appeared on Walletpop Canada on Wed, 02 Oct 2013 12:57:00 EST. Please see our terms for use of feeds.