Surprise $600 Medical Bill…Thank God for my Emergency Fund!

Today I found out that my last preventative visit to my doctor wasn’t covered by my insurance. #FAIL

I won’t go into too much detail as to why because I think there was confusion on both my end, my doctor’s office end, as well as my insurances end. Unfortunately, my doctors office doesn’t want to budge on how they coded my visit, so I end up with an unexpected $600 medical bill.

Risk management is so real! Although my medical insurance is supposed to handle potential risks like this, I’m so thankful I have my emergency fund to handle surprise bills like this that I can’t easily budget for on such a short notice.

For those of you who don’t have an emergency fund, I strongly, strongly (like Chuck Norris meets Arnold Schwarzenegger strong) suggest you build an emergency fund of at least $1000. If you are in a good state financially and aren’t paying off loads of debt, I would suggest you make the emergency fund 3-6 months worth of your expenses.

Having my $1000 emergency fund completely changed the way I reacted to finding out I had to foot this medical bill without insurance. My reactions were as follows:

  1. Shocked and confused
  2. Angry
  3. Called insurance, still angry
  4. Called medical billing department, even more angry
  5. Decided to not give in to any more anger, so I ignored the issue for a few days
  6. Anger fizzles
  7. Got another call from medical billing department, angry again
  8. Decide to use a portion of my emergency fund to pay medical bill
  9. Anger subsides (but still annoyed with the entire situation)
  10. Instant relief after having paid off the medical bill immediately
  11. Happy; on to bigger and better things

At the end of the day, I’m happy I have my health, so I can’t really complain about the situation too much, it definitely could have turned out much worse!

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