Posts

Showing posts from July, 2020

What to Do When You Get a Medical Bill You Can't Afford

Image
Medical emergencies are often unpredictable, and it may happen to anyone, including you or your loved ones. There may be a situation when such cases need hospitalization, and in the end, you get a medical bill that you may even go bankrupt and feel helpless. However, you don't need to worry, and in such circumstances, patient advocates can offer help paying medical bills and take you out of this situation. Here are specific tips that you can follow when you get a medical bill you cannot afford. 1. Review the Bill for Any Errors Since the billing department of a hospital has to manage a lot of data, errors in medical bills are quite common. You might have to bear expenses for a medical procedure or treatment that you have not undergone. Even if you receive a treatment, the charges for some items may seem unusual. The insurance company may pay for some specific brands. Some of the terms and conditions in your insurance policy may change. You should review the bill carefully and k...

Strategies to Negotiate and Pay Bills During COVID-19

Image
If you have ever received an atrociously high medical bill, you must have done one of two things. You might have paid the bill somehow by scraping together money or a loan, and barely scraped by for several months. Or, you might have decided to ignore and let it continue to collections. Well, here is something else that you should try instead. One of the best ways to deal with unfairly high medical expenses is to negotiate directly with the healthcare provider. Negotiating is bargaining with hospital administration/health providers unless they apply some discounts to your overall medical bill. For people with chronic health problems, the COVID-19 pandemic has grossly exponentiated the issue. If you need COVID medical bills assistance, then here are some negotiation tactics for you. Following these tactics, sequentially will prove to be a beneficial idea. 1. Examine All Your Medical Bills and Paperwork Very Thoroughly Unsurprisingly, the first step involved in any negotiation is to ...

Covid Medical Bill Myths: What to Know About Medical Collections

Image
It is imperative to remember that you will not be immune to medical collections just because you pay all your medical bills on time. Medical bills that creep up unseen will cause a lot of damage to your credit score and become a burden upon your medical collections and assets. According to the Consumer Financial Protection Bureau of the US government, almost a third of all adult citizens have to suffer because of collections accounts on their credit reports. The same research reports that more than 50% of the collections accounts are due to unpaid or unnoticed medical bills. If you are one of these people, then you might need COVID medical bill help. Most of the time, the bills that get deposited in a collections account are expenses that the account holder does not even know of. Here are some of those general medical bill myths, which are exceptionally important to remember during the Coronavirus pandemic. It is imperative to remember that you will not be immune to medical collecti...

Do You Need A Medical Billing Advocate?

Image
According to recent statistics, medical bills are affecting credit reports of more than 43 million people. Even though most people assume that medical debt would only be a problem for people without insurance, they do not realize that medical debt can significantly affect people with medical insurance. Medical bills are also very complicated and overwhelming. Thus, it is not surprising that a lot of people have to pay exorbitant amounts of money in the form of medical bills. A significant portion of the medical debt that people have to bear isn’t even legitimate, according to industry estimates. For this precise reason, patients and companies need the assistance of a medical bill advocate. They will help you tackle your bills. What Exactly Does A Medical Bill Advocate Do? An advocate specializing in medical billing will be able to analyze and go through all your medical spending in an exact and organized manner. They will be able to spot errors, incorrect charges, overcharges, unne...