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Showing posts from August, 2020

Do You Need Medical Bill Negotiation Help?

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Medical bills are a part of our lives because medical emergencies do not happen after prior notice. But they definitely come with an expense that we do not approve of. The impact of surprising medical bills can take a toll on individuals and families, leading to family distress. In fact, as per the reports generated by the Kaiser Family Foundation in 2019, it was stated that about one-quarter of the U.S. adults mentioned that their family member or they themselves had problems with paying the medical bills. Among these people, around 50% stated that medical bills made a significant impact on their families. Fortunately, to your aid, many Healthcare consumers have a variety of options when it comes to surviving the medical debts.  So, let us delve deeper and understand the ways to medical bill negotiation.  1 Pay Cash Upfront: Cash payment is always the best way to get upfront discounts. This is because, with cash, the doctors or the billing department eliminates the wait...

Managing Your Hospital Bills during COVID-19

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When it comes to medical issues, one thing that stands in between the disease and the treatment is the medical expense. Even though COVID-19 has time and again proved its mortal existence among the people, the COVID hospital bills have caused more fear than the virus itself. But you must note that your life is very precious to abstain from the necessary treatment because of cost. And it is common for people to conclude that there is no way out from the lengthy bills. But again, you should educate yourself regarding the costs of your treatments as well as working with a health care system. This way, you can reduce the out-of-pocket expense related to COVID-19 or other potential health concerns. How to Pay For COVID-19/Coronavirus Testing and Treatment? Luckily, the COVID-19 testing is done free under The Families First Coronavirus Response Act. Nevertheless, the burden of paying for the treatment remains. But to your aid, there are many ways in which you can negotiate your COVID hos...

Four Ways Hospitals Can Help Covid-19 Patients with Their Bills (Without Suspending Billing)

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Medical bills are the last thing that you want to be entitled to in between the COVID-19 pandemic. And there are many apparent reasons for this. The two most prevalent are the lengthy bills by the end of the treatment and the improper income due to an unpredictable economy. It was estimated that, on an average, an inpatient's hospital admission cost for COVID-19 could rise to $20,000, which is again expected to shoot higher, if ventilator support is included during treatment. The further analysis performed by the Kaiser Family Foundation also stated that people who have employer health insurance could face an average out-of-pocket cost around or more than $1300. Similarly, those with high-deductible health insurance policies may have to pay as much $2000 or more out-of-pocket costs. Such situations caused many people to avoid treatment in the first place, which skyrocketed the total number of COVID-19 cases. What's New Since The Very First Day? Fortunately, the new laws we...

Why Are Americans Paying More For Healthcare?

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The healthcare debate in the United States has always been a passionate topic. This is because it is clearly proved that America spends notably more on healthcare than any other nation. And this spending is expected to grow in the coming years. However, the strain of spreading the healthcare system is not higher. In fact, there is a need for expansion in the testing and treating of COVID-19 to all the patients that need it, notwithstanding their health insurance status. The huge federal cash inundations have sagged the hospitals that are now burdened with both the coronavirus and regular medical care. The high medical expenses affect everyone, no matter if they are sick or well. And this has directly weakened the spending power of each individual over the last few decades. Also, the salaries may have risen for the American workers, but they still receive the same net pay. And this is because of the increased health insurance charges. Currently, the nation should contract the overspe...