U.S. News reports that more than 50% of those who were infected with COVID-19 or who lost income due to the pandemic are now struggling with medical debt. Even as new infections wane, and it looks like we are coming out of the pandemic, it may still have a longer-term economic effect on many Americans.
That is why, even though I covered this topic in Episode 11, I wanted to discuss it again for those who may be struggling with it who weren’t before. There are some things you can do about it, and you should know what they are.
In this episode, you will learn:
- Why you shouldn’t assume the bill is accurate
- Why you should negotiate the balance early on
- About programs that can help you pay the bill
- About the new No Surprises Act
- How to plan to pay for future medical treatment
Links & Resources
- How to Tackle Medical Debt Before It's a Long Lasting Financial Issue (CNBC)
- How to Handle Medical Debt (Grow Acorns)
- Dealing with Medical Debt (National Consumer Law Center)
- No Surprises Act
- No Surprises Act: Banned Bills
- Medical Billing Complaint Form (1-800-985-3059)
- Charity Care
- NJ Family Care
- Catastrophic Illness in Children Relief Fund
- Victims of Crime Compensation Board
- Healthcare Bluebook
- Dealing with High Gas Prices
- Best Credit Cards for Gas (CNBC)
If you enjoyed this episode, you might also like:
Podcast Reviews
If you enjoy listening to this podcast, it will put a big smile on my face if you left a review on Apple Podcasts, Podchaser, or wherever you like to listen to podcasts.
