Insurance is very important especially that medical expenses may seem costly and stressful due to rising expenses to be settled. This is also a big cry to the retirees, the costs of health care insurance both out-of-pocket and subsidized, are expected to keep going up. The extent to which these costs will go up will depend on a variety of factors, but expectations are that they will continue to go up. This year alone, out-of-pocket medical expenses for retired couples will go up to around $10,750 per year. Which is way too much to pay. So other people make way to pay those bills as early as possible. Some run after
emergency cash to cut those payments.