Tag Archives: medical bills

Unpaid Medical Bills, What Happens to Them ?

The sticker shock of your hospital tab just includes insult to injury. Even with health insurance, you might get stung with a large bill once the hospital factors in co-pays, deductibles and co-insurance costs. Whether you had surgery or just a routine exam, somebody has to pay the bill. When your health insurance doesn’t cover … Continue reading

7 Ways How to Negotiate Medical Bills

When you’ve just had a medical process, you should be concentrating on recovery — not how you’ll cover the bills. However what occurs if you can’t make a payment? While you can’t make the bills vanish (unless you pay), you can perhaps lower your economic burden if you know the decent questions to ask. These … Continue reading

What Happens If You Don´t Pay Medical Bills

It’s no secret that health care costs have been spiraling out of control for years. To fight back, your best bet is to be a well-informed consumer: Know the true costs of medical procedures, supplies and medications so you can bargain effectively; carefully anticipate and track medical expenses; and stay on top of your bills. … Continue reading

Medical Bills on Credit Report

    Aserious illness or injury can be disruptive. You need to heal, and you may also be overwhelmed for a while as you put your work and family life back together. Unfortunately, there’s a strong chance your finances will be affected by your stint in the hospital. If an unpaid medical bill makes its … Continue reading

Are Medical Bills Tax Deductible

Medical expenses can take a bite out of your budget, especially if you have unforeseen emergencies that are not fully covered by your insurance. The Internal Revenue Service allows taxpayers some relief, making some of these expenses partly tax-deductible. To take advantage of this tax deduction, you need to know what counts as a medical … Continue reading

8 Ways to Pay for your medical bills

Medical costs are rising across the U.S., and patients are left paying a bigger percentage of the bill. Most Americans, whether their health insurance is provided through an employer, the Affordable Care Act exchange or the open market, are paying a higher share of their medical care costs than ever before through increased copays and … Continue reading

Medical Bills Force Some Couples to Divorce

Over the weekend, The New York Times’ Nicholas D. Kristof wrote a touching column about his friend who felt torn between divorcing her sick husband and eventually living as an impoverished widow. The problem was that her spouse had early-onset dementia and as his care needs increased, so too would the medical bills. If the … Continue reading

5 Proven Ways to Reduce Your Medical Debt

Few people realize that in the murky world of medical debt, there is often room for negotiation. If youre paying providers from your own pocket—because you have no insurance, have maxed out your insurance, or are seeking treatment out-of-network—its worth asking for a discount on services. Hospitals and doctors will sometimes consider accepting less than … Continue reading

7 Ways to Slash Your Medical Bills

Haggling with your hospital or dickering with your doctor to lower your medical bills might feel, well, unseemly. But with health care costs pinching the typical household by about $15,000 a year and employers trimming coverage and shifting expenses to employees, it might be time to try your own personal health care reform. Rising out-of-pocket … Continue reading