Temporary Medical Insurance

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My mother recently became unemployed from a company that she had put in 25 years with, and she was devastated. At first, she was obviously worried about losing her income and had to apply for unemployment insurance, but that was not the only crisis she would face. She began to realize that she would lose her health insurance benefits within just a few weeks, and she knew that she would have to do something to get by. Her company sent her some information about continuing her insurance, but the cost was really high, and she didn't know how she could afford it on her newly reduced income. She has a little bit of savings, but didn't want to have to spend it, especially now that she might need some of it to live on. She found out that there was an option through some health insurance companies to purchase temporary medical insurance that would serve the same purpose of insuring her in between jobs and would cost her a lot less. I gave her the name of an insurance company that one of my friends had used to purchase US Student Abroad Health Insurance, and she was able to pick up a policy with a decent premium. It wasn't cheap but just cheaper. Then she saw some money saving tips on the news, and they were talking about shopping around for all your insurance, saying that you can find some really good deals right now, and perhaps save some money on your car insurance, as well as other insurance policies that you currently have. Well, this got my mother thinking, so she decided to go online and research Texas car insurance and sure enough, she found a much better deal on her car insurance as well. Since all this went so well, she decided to look into other ways she could save money and found a deal on her cable internet, phone, and cable TV for just $99 per month. This would save her about $100 per month on those bills. She actually got on such a kick that saving money became her new hobby, since looking for employment was not going so well, she continued to challenge herself to save more money and was succeeding. Now she shops non-stop bargains, and both she and I can't even believe how much she has been able to save. I guess for now this will be her job, finding a way to live on the money she has without dipping into her savings. So far it seems to be a success.

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This page contains a single entry by GARRETT EDWARD EISENHOUR published on December 29, 2008 3:47 PM.

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