In one of our previous articles, we mentioned some few urgent reasons why you need to get a health insurance the earliest time possible. One of them is that a critical illness can shatter your or your family’s financial future.
In one of the stories illustrated in the article, my friend’s uncle, whom he considered as strong as an ox – suffered from a heart attack in early 2017, which required immediate angioplasty. Unfortunately, his uncle died after only a week in the hospital. The sad thing is that his hospital bill totaled around P1M. To make things worse, his uncle did not have life insurance.
This sad event forced his surviving family members to cough up as much cash as they can and had to issue a promissory note for hundreds of thousands of pesos to the hospital. Continue reading 7 Great Reasons To Invest in Hospital Stocks