Search results
Results from the WOW.Com Content Network
Health insurance plans rarely cover all health-related expenses; for insured people, the gap between insurance coverage and the affordability of health care manifests as medical debt. As with any type of debt, medical debt can lead to an array of personal and financial problems—including having to go without food and heat plus a reluctance to ...
Get financial advice. During times of financial stress, employer-provided services, state or local employment agencies, credit counselors and financial professionals can serve as valuable sources ...
A catastrophic illness is a severe illness requiring prolonged hospitalization or recovery. Examples include [1] cancer, heart attack or stroke.These illnesses usually involve high costs for patients and health insurance companies and may incapacitate the person from working, creating a financial hardship.
A hardship withdrawal allows the owner of a 401(k) plan or a similar retirement plan — such as a 403(b) — to withdraw money from the account to meet a dire financial need.
Overall, the hardship agreements — which can put a pause on payments or provide consumers other relief — hit their peak in May at 4.77%. TransUnion looked at auto, credit card, mortgage and ...
An undue hardship is an American legal term referring to special or specified circumstances that partially or fully exempt a person or organization from performance of a legal obligation so as to avoid an unreasonable or disproportionate burden or obstacle. [1] [2] [3]
The Enquirer is working on an article about long COVID and financial hardship. Please contact us if you're willing to talk about your experiences
Financial mismanagement is management that, deliberately or not, is handled in a way that can be characterized as "wrong, bad, careless, inefficient or incompetent" and that will reflect negatively upon the financial standing of a business or individual. [1] There are many ways of how financial mismanagement is carried out.