Quick Facts & Tips: 1 in 6 Americans had medical debt in collection as of June 2020, reports Robert Wood Johnson Foundation Consumer credit card debts and medical debts are quite different. While credit card debts are usually caused by irresponsible behaviors on the part of the consumer, Medical debt can happen to the most…
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All Posts Tagged: insurance
Can your health insurance prevent financial ruin?
Here is the nightmare scenario – You rush to the ER for severe abdominal pain suspecting it to be appendicitis. ER diagnose it as a stomach bug. HUGE RELIEF?? NO! You find out your insurance company has declined to cover the $12,000 bill, saying the visit was not an emergency because the final diagnosis determined…
Health coverage from hell!!
This is a real bill. Can you guess what procedure this is for? !! We live in the illusion that health coverage is healthcare! But this example will prove otherwise. A person may have good health coverage through insurance but still land up paying an arm and a leg. This is an incident where a…
The Doctor’s Side of the Healthcare Mess: Why your Doctor has no time for you?
How patients suffer in the current healthcare system is well-known. Many of us think it is the greedy doctor that is the cause of this broken system. But, have you ever wondered how the doctors get paid? Maybe…just maybe, it is the healthcare system and not the doctor that is at fault. Dr. Lewis, a…