Maybe you’re eating healthy food, drinking nutritious beverages, not skipping work-out, and doing all that it takes to keep up with a healthy lifestyle. But that doesn’t mean you will never require any medical service in the future. A minor illness can become severe someday and can cost you a hefty amount of money. Have you ever thought about paying a huge bill? What could you do in such a situation? Let’s discuss the same.
Make sure the billed amount is accurate
It has been observed that often the hospitals bill their patients for items they may have not used. This is another part of the problem in the system as hospital bills are messy and confusing. You need to verify that you are being charged by the hospital only for what you’ve used. Check those medical instruments, medicines, and services you didn’t receive. At times, your bill can be lowered just by getting it re-checked and it becomes easier for you to pay.
Request a flexi-payment plan
Many hospitals offer their patients to go with an easy payment plan. This has been one of the finest ways for many who couldn’t manage to pay off the bill in one go.
If you raise a request, the hospital you’ve received treatment from may allow you to pay the bill in easy installments. This would not only lighten the burden of sudden payments but also help you stay stress-free.
Claim your insurance
Insurance is a preliminary method to avoid sudden payments on medical expenses. You can get a plan that fits your budget and meets your needs. In a few cases, where an insurance claim may be denied, such as personal injury claims, you can consult a lawyer who has extensive experience in handling such cases. A good lawyer can, in fact, help you receive the rightful compensation for your loss and suffering due to the injuries that you’ve sustained.
You shall ask for a discount
Some hospitals offer financial assistance to patients who require it. But each will have its own policy. For example, you have to be under 25 with yearly earnings of $15,000. You may also need to provide details of your tax returns, bank accounts, paychecks, etc. Once they review all of these, they shall determine a fair discount.
Try raising funds
You can also seek partial help from some crowdfunding organizations. It would be better to contact the NGOs which are concerned more about the financial issues of the general public. Fundraising is a great idea, however, keep it as a last resort. Raising funds is easy and convenient. There are many other ways, apart from these organizations that can assist you with your fundraising. For example, you can make use of social media, which is a powerful tool these days, and help you reach out the maximum of donors in the shortest of time.
As now you’ve learned multiple ways to lower your burdensome medical bills, you shall start working on it right away, or else be ready to deal with third-party debt collectors.