I have a question...when parents have a baby in NICU, and they end up with a preemie that has a long/expensive hospital stay does this financially devestate them? If they have health insurance, and have a million dollar bill, do they have to pay 20% (if it's an 80/20 plan)? I really don't know how all insurance companies work, and if some only go by deductible only, or if they are all pretty much co-pay.
Can someone enlighten me? Would someone lose their home and everything if they had a million dollar baby and couldn't afford to cover their part of the premium? Would they be in debt forever??
Thanks,
~J