A major discussion these days is the cost of health care. Everyone from patients to politicians lament the cost of services charged to them by providers, hospitals, clinics… you name it, there’s a complaint.
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Over the past 15 years, one of the biggest discussions revolves around something known as “price transparency”. This concerns the demand that hospitals and other medical providers should post their prices so patients can shop around for the best cost of services in their area. It’s believed that this would reform health care because it would hold hospitals and physicians accountable for keeping their prices lower.
Continue reading Take Care Of Your Medical Costs Up Front
The thought about having to deal with a medical bill is scary. It’s mainly because overwhelmingly, most people have no idea what a service or procedure they might need is going to cost. They also have little knowledge of how much their insurance company is going to pay, if they cover the service, and then how much they’re going to be responsible for later on.
With insurance, even if the amount you’d have to pay ends up being tiny by comparison to how much you’re being charged up front, the truth is that medical bills can be higher than you expect. Sometimes they’re so high that it’s difficult to address them and still keep up with all your other bills.
Continue reading 4 Ways To Handle Hospital Bills