I heard the word co-maker in a few of my accounting classes. Then the first time i used the word was during the time i applied for a UCPB loan back in 1996. Then later i often heard my mom complain that she co-makered with someone who does not know how to pay the loan and she ended up paying the loan. When i heard her complain like that, i really get upset. So i reminded her often not to be a co-maker with anyone or she should be sure the person requesting her knows how to pay the loan.
Today, one of my friends here became a co-maker for a P21,000.00 patient account. That was huge. The patient was their neighbor and the patient nor her family do not have any medicare plans or even just Medicare part D plans so there is no medicare deductions in their bill. I really felt so bad because that bills was only incurred for a day with the patient dead.
I just think that the family did not use their head. They should have brought their patient at an early time. It does not matter how high would be the bill as long as the patient get cured and well. But the patient went home dead. So sad.
So i encourage everyone to work on their medicare plans so that when health emergency cases arise they have a medicare.