One of the biggest things that can lead to financial ruin is medical debt. Catastrophic illness or injury that results in long hospital stays and recovery can result in crushing bills, even where there is insurance coverage. However, proactive and aggressive handling of that debt can often leverage it down to manageable levels.
So in this episode of the podcast I am going to talk about strategies and approaches to managing this debt here in New Jersey in hopes of helping you make it affordable, avoid bankruptcy, and preserve your credit.
This episode references several resources that can be of help to you in managing this debt. The links to those resources are as follows:
- Charity Care
- NJ Family Care
- Pharmaceutical Assistance to the Aged and Disabled (PAAD)
- Catastrophic Illness in Children Relief Fund
- Victims of Crime Compensation Board
- Healthcare Bluebook