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Biglaw bros -- how to avoid getting axed and then hit with $1M medical bill?

My biggest fear is not being able to spend the cash I slaved...
Cyan Boistinker Institution
  11/25/15
insurance
razzle-dazzle spot
  11/25/15
You mean Bamacare?
Cyan Boistinker Institution
  11/25/15
That's not the only option, but it might work for you.
razzle-dazzle spot
  11/25/15
obamacare is TTT, my wife talks shit about it all teh time, ...
Bull headed address philosopher-king
  11/25/15
Yeah, my insurance cost more and covers less after Obamacare...
razzle-dazzle spot
  11/25/15
my old company's insurance premiums went down after obamacar...
Bull headed address philosopher-king
  11/25/15
if in texas 1. buy 1M house 2. get hit with 1M medical bil...
Bull headed address philosopher-king
  11/25/15
Does this work if you buy the house after the hospital stint...
Cyan Boistinker Institution
  11/25/15
depends on if your house purchase looks like it's done to av...
Bull headed address philosopher-king
  11/25/15
if in texas 1. have them drive you to mexican hospital ...
galvanic mental disorder mood
  11/25/15
"2. pay $15,000 for heart surgery that's as good as you...
Bull headed address philosopher-king
  11/25/15
This applies to FL as well
Cruel-hearted big chad boiling water
  11/27/15
Ax self
Wonderful hairy legs
  11/25/15
...
obsidian soul-stirring gay wizard state
  11/25/15
ljl thanks to ur hated nigga obama u can go on medicaid if u...
aromatic rigpig
  11/27/15
samaritan health/christian medical cost sharing
high-end talented striped hyena
  11/27/15
$1 million? Do you plan on getting cancer 8 times?
low-t ruby gas station
  11/27/15


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Reply Favorite

Date: November 25th, 2015 5:28 PM
Author: Cyan Boistinker Institution

My biggest fear is not being able to spend the cash I slaved for.

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29252595)



Reply Favorite

Date: November 25th, 2015 5:32 PM
Author: razzle-dazzle spot

insurance

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29252608)



Reply Favorite

Date: November 25th, 2015 5:33 PM
Author: Cyan Boistinker Institution

You mean Bamacare?

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29252614)



Reply Favorite

Date: November 25th, 2015 5:36 PM
Author: razzle-dazzle spot

That's not the only option, but it might work for you.

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29252631)



Reply Favorite

Date: November 25th, 2015 5:38 PM
Author: Bull headed address philosopher-king

obamacare is TTT, my wife talks shit about it all teh time, it covers even less than regular market insurance and it's more expensive

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29252646)



Reply Favorite

Date: November 25th, 2015 5:55 PM
Author: razzle-dazzle spot

Yeah, my insurance cost more and covers less after Obamacare.

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29252711)



Reply Favorite

Date: November 25th, 2015 7:19 PM
Author: Bull headed address philosopher-king

my old company's insurance premiums went down after obamacare with same benefits, not sure what happened w/my wife's, which is what we're insured under, because I don't bother to look at her paychecks and withholdings and shit

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29253011)



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Date: November 25th, 2015 5:34 PM
Author: Bull headed address philosopher-king

if in texas

1. buy 1M house

2. get hit with 1M medical bill

3. declare bk

4. house exempt from bk under homestead exemption

5. finish bk proceedings

6. sell 1M house

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29252619)



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Date: November 25th, 2015 5:35 PM
Author: Cyan Boistinker Institution

Does this work if you buy the house after the hospital stint before receiving the bill?

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29252627)



Reply Favorite

Date: November 25th, 2015 5:37 PM
Author: Bull headed address philosopher-king

depends on if your house purchase looks like it's done to avoid bk, but if it doesn't look like that, then here's how bk happens

1. declare

2. nigga calculates your assets

3. home equity doesn't count as asset (exempt)

4. bk proceeds

The asset calculation doesn't go retroactive to before you incurred a cost, but if it looks like you made the purchase to avoid paying creditors then the court will buttfuck you IIRC

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29252641)



Reply Favorite

Date: November 25th, 2015 5:58 PM
Author: galvanic mental disorder mood

if in texas

1. have them drive you to mexican hospital

2. pay $15,000 for heart surgery that's as good as you'd get in a texas hospital.

3. recover and drive back home.

if you get something like cancer, fly to a world class hospital in singapore, india, or thailand and do a full chemotherapy regimen for $15,000 including accommodation.

or, you know, buy insurance.

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29252717)



Reply Favorite

Date: November 25th, 2015 7:20 PM
Author: Bull headed address philosopher-king

"2. pay $15,000 for heart surgery that's as good as you'd get in a texas hospital. "

lol that's really dumb, the quality of surgery in houston vs. corpus christi (a couple hours away, still in texas) is vast, let alone houston and mexico - i wouldn't ever have surgery done in corpus if i could avoid it - san antonio, houston, dallas or bust

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29253020)



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Date: November 27th, 2015 4:46 PM
Author: Cruel-hearted big chad boiling water

This applies to FL as well

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29262476)



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Date: November 25th, 2015 5:34 PM
Author: Wonderful hairy legs

Ax self

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29252620)



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Date: November 25th, 2015 7:10 PM
Author: obsidian soul-stirring gay wizard state



(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29252976)



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Date: November 27th, 2015 4:49 PM
Author: aromatic rigpig

ljl thanks to ur hated nigga obama u can go on medicaid if ur UE with no income... or just buy a policy on the exchange with tax credits



(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29262487)



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Date: November 27th, 2015 6:51 PM
Author: high-end talented striped hyena

samaritan health/christian medical cost sharing

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29263110)



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Date: November 27th, 2015 7:07 PM
Author: low-t ruby gas station

$1 million? Do you plan on getting cancer 8 times?

(http://www.autoadmit.com/thread.php?thread_id=3054091&forum_id=2#29263148)