Health problems may affect the patient’s quality of life adversely. Unmanageable medical bills add to the stress of the patient. But, under certain circumstances, you can get some reduction in hospital bills, or at least a part of the debt is forgiven. Contacting your hospital’s billing department is the easiest option to request medical debt forgiveness. They will tell you whether you can qualify for any debt-reducing strategies like financial aid programs or discounts on your medical bill.
If you receive a hospital bill that you cannot afford to pay, it is normal to get stressed. But don’t worry, you are not alone. 1 in 5 Americans reported difficulty paying medical bills.
Hospitals provide facilities to patients who are not able to pay the entire bill on their own. They offer several programs to reduce medical costs. These include discounts for paying upfront and interest-free payment plans. Some hospitals also provide financial help for patients who are not insured or underinsured.
Here are a few steps that you can take to get medical bills reduced or even forgiven.
Look for Financial Assistance Policies.
Many people struggle to pay their medical bills. We need to figure out what to do about them.
It is highly advisable to call the hospital and see if you are eligible for their financial aid policy. If your income qualifies you for financial help, the hospital might cut your bill in half or even forgive it completely. These assistance policies are mandated by law for non-profit hospitals.
Don’t Pay the Sticker Price
The hospital may give you a bill based on the chargemaster rate. It is usually more than the amount paid by insurance companies. It is like the sticker price that hospitals use to deal with insurance companies. An uninsured person may be billed for the entire chargemaster price.
Some hospitals are easier to work with than others. But maintaining a persistent behavior is crucial as it might pay off in the long ter