During the beginning part of year, people with high-deductible health plans who have large medical bills can end up shelling out thousands of dollars (up to $6,850 for individuals, $13,700 for families) before their coverage kicks in. This hit to the pocketbook comes after the holiday season when many bank accounts are in recovery mode.
No retailer or financial services firm would recommend asking customers to pay so much at once. Why not spread out the payments?
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