Medical debt causes almost 2 million bankruptcies a year. If you do not have health insurance, you do have options to reduce and prevent high medical bills.
Negotiate a cash discount
Cash Discount: Many doctors, clinics, and hospitals will generally offer a 20-30% cash discount off your medical bills if you can pay them off in full.
Negotiate a payment plan: Call your hospital billing department, doctor’s office or medical clinic. They don’t want to send your debt to a collection agency because they then lose money too.
Hire a Medical Bill Advocate: If you are inexperienced or uncomfortable with negotiating, work with a company that can do the negotiation for you. Having someone experienced, who understands the insurance lingo, can help you obtain the largest reduction. Plus, having someone else do the work for you, means no aggravating phone calls or taking time out of your day researching and calling your creditors. To see if a medical bill advocate is right for you, fill out this form, for a no risk consultation.
