James Cornell was cutting boards on the table saw, looked away from the blade, and accidentally put his hand into the still spinning blade.

Fortunately, since he powered down the saw, once the blade hit the bone, it pretty much stopped. The blade did not go all the way through his finger, but It still caused a lot of damage.

After screaming for about 10 seconds, James went to look for help.

Even though James was bleeding pretty bad, he went to the Urgent Care to avoid getting a hospital bill. One of those bills could put a person in bankruptcy, and that was more terrifying than the accident itself.

Turns out, 70% of Americans have less than a thousand dollars of savings at any given time, while most insurances have at least a $1,000 deductible. That means that even insured patients have serious problems paying their deductibles, and when the patients don't pay their insurer, the hospitals don't get paid either.

Jim was told that if he could afford to pay $350 at the time of visit, he would be able to save 60% of his total hospital bill. Hospitals pull ahead in their collections when they offer payment plans and incentives to patients. Next time you are in an Emergency Room, it just might be the hospital could cut you a deal.