New Jersey Bankruptcy Law Practice

Tips for Lowering Your Medical Bills

It doesn’t happen often, but occasionally you can catch a mistake on a restaurant check or a miscalculated receipt from the grocery store. Hospital bills, however, are another matter: as many as 8 out of 10 bills for health care services contain errors, according to Medical Billing Advocates of America. Since Americans spend nearly $7,000 per capita on health care every year — and since these expenses climb steadily, at an average annual rate of 6.5% — it’s probably worth scrutinizing the remittance from your last hospital visit. It just might save you hundreds, if not thousands, of dollars.

(FULL COVERAGE: Why Medical Bills Are Killing Us)

According to medical-billing advocates, who are the health care world’s equivalent of tax-refund specialists, there are ways to protect yourself from huge health care expenditures both before you’re seen by a doctor and after you receive your bill. “When you are in the hospital, you should concentrate on getting better,” says Kevin Flynn, president of HealthCare Associations, a company that helps patients decipher their medical bills. “Do what is best medically first, then worry about the finances second.”

At the emergency room or in the hospital:

Once you get your bill:

By scrutinizing these types of charges on bills, advocates have helped patients reduce remittances by anywhere from $1,300 to $100,000. Most groups take a flat percentage of about 35% or negotiate an hourly fee for larger bills.

While a medical bill can seem intimidating, Palmer says it’s important for patients to remember that there are a lot of things they can do for themselves as well. Medical-billing advocates can help, Palmer says, “but there are things that a patient is going to know that an advocate may not know, such as ‘I did not take this medication because I am allergic to it’ or ‘I never saw this doctor’ or ‘This test was canceled because my blood pressure went too high.’ Patients can help themselves by questioning and reading their bills carefully.”

Read more: http://healthland.time.com/2013/02/20/tips-for-lowering-your-medical-bills/#ixzz2NchIAj5N
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