Monday, April 21, 2014, AM | 1 Comment
Medical bills can be a nightmare for anyone who doesn’t have insurance covering the majority of the expense. If you are stuck with high medical bills or expect to be paying for a large medical cost soon, consider these three ways to reduce your debt load.
Getting medical bills paid off is much easier when the payments reflect the actual cost of treatment.
Negotiate For a Discount
Most hospitals charge individuals paying for their care much more than insurance companies paying for the same care. Do some research to find out how much the procedure you’re getting or services you received actually cost on average, and use that information to negotiate your payment down.
If you make it clear that you can’t afford to pay the sticker price for the care you received, hospitals are usually willing to negotiate fees into a reasonable middle ground that still covers expenses.
Work Out A Payment Plan
Hospital billing departments are often quite ready to work with you on developing an interest free payment plan that will help you avoid paying for everything all at once when you can’t.
Save money by paying in cash or by check and work with the hospital to make payments instead of taking out a bank loan or charging the bill to a credit card that will cost you in interest right away.
Hospitals are much more willing to work with people who pay with immediate funds that leave little room for negotiation when compared to people paying on a credit card.
If you really can’t afford to pay a high hospital bill, consider looking for some help to get it paid off. You can get experts such as Malpractice Lawyers Alexandria LA to help with the bills from cases where the hospital wronged them in some way.
There are also a variety of charities and medical billing specialists willing to help you negotiate medical bills down further and get assistance getting them paid.
Calls to the right specialist can do quite a bit to reduce your medical bill load to something that is closer to the actual cost of your procedure than the hospital’s arbitrary costs for everything that happened in the hospital.
The right help and careful negotiating can make paying for medical care a process that can be dealt with, even if you have to pay out of pocket.Facebook.com/doable.finance