Selling a Structured Settlement for Health Care Needs
With all of the uncertainty about the costs of health care for today’s average consumer and family, selling a structured settlement is a great way to ensure that you can pay for any financial emergencies related to your health. Americans are seeing health care costs skyrocket, and with changes in the insurance industry, as well as changes in provider policies and new legislation, there may be more out-of-pocket expenses for some kinds of care. Selling a structured settlement can help you to pay for high-dollar medical bills, spikes in health insurance premiums, or any new expenses that show up unexpectedly in your family budget.
New Laws: The Individual Mandate
The most recent news coming out of the American health care industry is the president’s Affordable Care Act, a significant piece of legislation. One of the main aspects of this law requires nearly all Americans to purchase some kind of health care. With the recent Supreme Court ruling upholding the individual mandate, there’s a lot of concern about what insurance is going to cost those who never bought it before. But, if you are a structured settlement holder, you have an asset that you can use to handle these kinds of financial challenges.
Selling Your Structured Settlement: Paying the Bills
Whether it’s a hospital charge or other medical bill, a health insurance premium, or anything related to health care in general, big payments on medical debts are a very reasonable way to use a structured settlement lump sum payout. When you decide to sell a structured settlement, a judge must approve the transaction. Judges often approve structured settlement sales that are meant to pay for rising health care costs.
If you decide to sell your structured settlement, though, you’ll need a structured settlement buyer. A settlement buyer firm can help make sure that your structured settlement sale plan works, and that everything is set up well so that your money arrives when you need it.
Selling Your Structured Settlement with CBC
When you’re looking for the best structured settlement buyer to help you with an important sale, let CBC help you get the lump sum payout that you need. At CBC, we have helped many clients get different kinds of structured settlement sale transactions completed quickly and correctly. Our staff will keep you informed and listen to your needs to help you get the kind of customized structured settlement sale plan you’re looking for. For a consultation, please call 877-386-3377.