According to statistics, 54% of insured Americans were either occasionally or always perplexed by medical expenses. This is a startling statistic, especially when you consider that medical bills are one of the most important documents you will ever receive. This blog post will explore some little-known facts about medical bills that may help you better understand them.
1. Medical Bills Are Often Inaccurate
One of the most common complaints about medical bills is that they are often inaccurate. In fact, a study by the National Consumer Law Center found that 83% of medical bills contain errors. If you receive a medical bill that you think is incorrect, don’t hesitate to contact the provider and ask for an explanation. Some of the most common errors include:
- Duplicate charges
- Incorrect dates
- Wrong procedure codes
- Misspelled names
If you spot any of these errors on your bill, be sure to point them out to the provider so they can be corrected.
2. You Can Negotiate Your Medical Bills
It’s common to assume that you have to pay the full amount of a medical bill, but this isn’t always the case. In many cases, you can negotiate with the provider to lower the bill. This is especially true if you have a high deductible or are facing financial hardship. When negotiating your bill, be sure to:
- Research the average cost of the procedure
- Get an itemized list of charges
- Call the provider and explain your financial situation
- Be polite and persistent
If you are able to successfully negotiate your bill, be sure to get the agreement in writing. This will help protect you if the provider tries to back out of the deal later.
3. You Can Get Help Paying Your Medical Bills
If you are struggling to pay your medical bills, there are a number of resources that can help. For example, many hospitals have financial assistance programs that can help low-income patients pay their bills. There are also a number of charities and non-profit organizations that provide financial assistance for medical expenses. Before you decide to default on your medical bills, be sure to explore all of the options for financial assistance that are available to you.
The above are just a few little-known facts about medical bills. By understanding how medical billing works, you can be better prepared to handle your medical expenses. If you have any questions about your medical bills, be sure to contact your provider for clarification. To learn more about medical billing, contact medical billing for ob/gyn today.