Paying off medical debt is the leading cause of financial hardship for a ton of people! If you’re drowning in medical debt, help is available. A couple of tips for you..
Review Your Medical Bills Closely
Up to 65 percent of medical bills contain errors, so take time to check the ones you’ve received. Look for common errors such as duplicate charges for the same procedure or medication, charges for canceled tests or procedures.
Negotiate With Your Doctor, Hospital, and Insurance Company
If you act swiftly, some medical bills are negotiable. Doctors and hospitals are likely to allow you to defer payments for a few months or to negotiate an interest-free payment plan.
Stay on Top of Your Credit Score
More than 43 million Americans have medical debt on their credit reports — and 15 million of those people have otherwise flawless credit
Mandy’s Fabulously Frugal Fact is made thrifty by:
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