What You Need to Know About Medical Bill Debt
by David Sung
Even for people living comfortably, unexpected medical costs can quickly dampen a financial situation, regardless of whether you’re insured or not. The continuous medical bills in your mailbox, and the phone calls to your home or workplace, are enough to scare you into living in a bubble for the rest of your life. If you find yourself wondering how to deal with a medical bill (or a pile of them), we’ve researched the following tips.
Where To Start
Add it Up
Get In Touch
Agree on a Solution
As briefly as possible, tell them your situation and ask if they would allow “debt forgiveness.” Very few places will allow that, but it is worth trying. If their answer is no, ask if you can begin a payment plan and if there are any discounts they can offer you. Emphasize that you are very serious about getting this debt taken care of. If they ask you the minimum you can pay, use the number that you calculated earlier as your monthly payment. Repeat this process with each of your bills, and you’ll be surprised how quickly your terrifying medical bills can become a manageable issue.
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