Credit.com explains four common misconceptions about medical bills that can cost you dearly: Myth 1: My Insurance was supposed to cover everything so I’m not responsible The Truth: It is a consumer’s responsibility to know what they are responsible for
Healthcare Finance makes a good observation on healthcare pricing: “Even when patients stop and ask for directions, it’s hard to get the information they need.” Most of what’s available to patients, in fact, comes from insurers, apps and third party
New research from the St. Louis Federal argues that financial distress “is not only quite widespread but is also very persistent.” According to credit report data, the researchers find that individuals who were in financial distress five years ago were
From National Public Radio: The United States spends more per person on health care than any other country does. A lot more. As a country, by many measures, we are not getting our money’s worth. Tens of millions remain uninsured.
The New York Times reports that many women are delaying medical care for breast cancer when their health insurance plans have high deductibles: High-deductible plans have become commonplace, a deterrent used by companies to lower health care costs by discouraging
Kaiser Health News writes: While medical bills are a leading source of personal bankruptcy in the United States, a far more common problem is the widespread damage they do to people’s credit. Almost 40 percent of adults younger than 65