ClaimMedic

For a couple of years, the price of medical treatments is increasing at a significant rate. Some are genuine, while others are not as they intentionally do to attract more money from patients. At times, the amount is so high that either patient stops the treatment in between or cannot pay the bill after receiving the treatment. In this article, the can't-miss-steps of how to negotiate medical bills are explained. Take a look! 1. Carry out a Research Process Before opting for any treatment, it is always better to find the best clinic offering at a reasonable rate. Not everyone is the same. Instead of getting a huge medical bill that you cannot afford to pay, do your research process. The research process will help you know about the clinics, their facility, and the pricing estimate. It is the first step you should take to negotiate medical bills. 2. Understanding the Explanation of Benefits (EOP) After a week or so of visiting the doctor, you must expect an explanation of the b...

Everyone visits a doctor to stay healthier and get rid of the diseases. But the cost of visiting a specialist is so high that many of them cannot afford it. Some people get admitted to hospitals for surgery or get cured, but they get shocked after seeing the medical bills. It is said that one in five Americans suffers encounter this circumstance. But by getting in touch with the right professionals, you can get help in paying hospital bills. Here are a few things you should do to reduce your medical bills. 1. Ask For Some Help at the Earliest Facing difficulty in clearing the medical bills is a problem faced by a considerable number of people. If you are one of them, the first thing to do is speak with a medical billing advocate. They have knowledge of medical billings and can find errors, negotiate medical bills, etc. Having an expert beside you who can guide you in the confusing medical world is the most important thing. Thus, if you come across any issue with the medical bill at ...

When it comes to medical bills, negotiating with billing departments can take up an incredible amount of time. The process can be very frustrating as well. Studies show that a typical case can likely take up about 22 calls to find a solution. Regardless of whether your dispute will take that long to resolve or not, it would help if you prepared for a long battle whenever raising a dispute. You should know that the billing system, when it comes to medical bills, is incredibly complicated. Several CPT codes are reused to represent medical procedures, and some issues might arise from any area. Problems may happen with the CPT codes. A duplicate charge might have happened, or you may have been charged a lot because the doctor is out of network with the insurance plans. Sometimes, by mistake or even deliberately, your insurance claim may be denied by your insurance company. There are a wide number of problems that can happen. It doesn't matter what kind of problem you face; you shou...

According to the American medical association, medical coding errors can be classified as abuse or even fraud. The word “Abuse” itself is used to mean the mistake made in coding. But even if classified as a mistake, the consequences that they entail are severe. Simultaneously, the fraud is used to mean that efforts were there consciously to increase profit fraudulently. According to them, generating and using CPT codes and billing can be regarded as a very complicated process and varies from patient to patient. The process also varies from company to company and from procedure to procedure. It means that no two cases are going to be the same. You’ll find that even some of the best financial services can get their claims denied. Some of the mistakes that the insurance companies commonly make can help you better deal with them. These errors related to billing, coding, and errors related to filing are taken from actual claims filed and, thus, are a practical illustrati...