Medical finance means nothing to most men unless they are unfortunate enough to have already experienced the expensive downside of our healthcare system or had an emergency dental problem that couldn’t wait. Things don’t necessarily need to be that dire to be costly and difficult to afford. Considering a little liposuction around the midsection to eliminate the love handles can be pretty pricey too. So can the Botox. Remember, it’s not just for little old ladies anymore.

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On a more serious note, all it takes is one nasty disease or a serious accident to expose just how little coverage your healthcare insurance actually provides, if you are lucky enough to have it, and what a vulnerable position you will be in if something serious occurs. Deductibles, out of network fees, copays and other medical charges ($50 dollar ibuprofen, anyone?) for an unexpected hospitalization could easily add up to several thousand dollars. Double or triple this amount if you don’t have insurance.

Not only is it a shock to find out how much you could wind up owing to the medical establishment, but paying this tab could be a devastating financial blow that would be tough to recover from. Dental care is notorious for not being covered by healthcare plans and is equally notorious for being extremely costly. What dental plans do exist define stingy benefits. Your kid’s braces may not be an emergency but are important for other health or cosmetic reasons.

It is no wonder medical bills make up a large majority of bankruptcies. Here is where the field of medical finance can help. Although more commonly used for elective procedures such as cosmetic surgery, it can be used to cover other medical services. Dental offices also will frequently office some type of financing for the services they provide.