Long story short, my father was diagnosed with cancer near the beginning of the year and he did not have insurance. He now owes the hospital close to 200k, maybe more by the end of the year (which is when he'll enroll in coverage). He no longer works at his business and his business partner is taking on the brunt of his work. He brings in ~8k a year from business royalties and rental income from a real estate property he owns. He doesn't qualify for medicaid because he owns that property which is worth more than 200k and he doesn't qualify for medicare because he's not old enough. He doesn't want to sell the property, but I don't see any other feasible way to pay off the debt. The hospital is asking for a payment plan of 3000 per month which doesn't make sense since he is only earning 8k per year and he has other expenses. He hasn't been making payments towards the debt because he has to pay for medication out of pocket, which is very expensive. The financial counselor at the hospital is threatening to send the debt to collections if he doesn't begin making payments soon and has told us that if he makes payments less than 3000 they will also send it to collections. I'm not sure what advice to give him or how to help.
Also, I'm enrolling him in health coverage and again, the fact that he owns this property doesn't allow him to qualify for subsidies so his premium is $800 per month.
Submitted December 13, 2018 at 12:29AM by Cheesy_Flowers https://ift.tt/2BhdWyn
