Are you dealing with mounting medical bills and are unsure of how or where you are going to get the money to pay them. Don’t worry as you are not alone, it is estimated that 25% of U.S. families are dealing with medical debt and bills they can’t afford. In fact, medical bills are the leading cause of personal bankruptcies in the country. Don’t despair just yet, there are a number of popular ways individuals are overcoming this financial burden and getting out from under the hefty bills.
There are specialized websites that assist people in getting help to pay for their bills and there are many things you can do to address medical bills as suggested below.
Review Your Bills
When you get any bill, comb through it for accuracy. Be sure you actually received every service listed and that the price is correct. Check for charges such as gowns and other supplies that should be included with the base cost of the room as well. If you’re unfamiliar with policies and feel that you are being over-charged, hire a medical bill advocate to check the accuracy and fairness of your bill.
Most people probably know whether or not they are eligible for Medicaid or Medicare, but it doesn’t hurt to check this eligibility when you’re facing a stack of bills. Another government resource is Benefits.gov, which provides a number of financial assistance services, including family living assistance and children’s insurance programs that have more affordable prices.
No one likes to ask for help but when you are plagued by tens of thousands of dollars in medical bills that you can’t afford, you have no choice. Many people are looking to crowd funding for an easy and quick way to ask friends and family for a bit of assistance. For especially powerful stories and heart-wrenching situations, many campaigns have even found a publicity spot, and even more donors. Some sites that allow crowd funding for medical bills include GoFundMe.com, IndieGoGo.com, YouCaring.com, Fundrazr.com, and GiveForward.com.
Perhaps you’re ineligible for assistance and have no other option but to pay your bill. In this case, there are ways you can set up affordable payments at lower interest rates. By consolidating all of your confusing medical bills into just one loan, you can reduce interest rates, monthly payments, and get some control back in your life. To ensure you find the right thing, you can read reviews for the best debt consolidation services at reviews sites such as Consumers Advocate.
Get a Lawyer
If you’ve tried every route you can and you still can’t afford your bills, consider hiring an attorney that specializes in debt settlement. The lawyer will be able to lower or eliminate your debt and get creditors to cease their calls. Be sure to set up payment based on the savings your attorney gets you instead of an upfront cost and you can’t lose.
Medical bills are frustrating and can really test your will but, by checking a variety of options, it’s rarely as bad as it seems. Reduce your medical bills today by checking out some of the options above.