If you’ve just been awarded a personal injury settlement, the next step is negotiating medical bills. These costs can add up to thousands of dollars, and your health insurance may not cover the majority of them. The good news is that it is possible to negotiate with these providers directly and have them pay your medical bills instead of sending them to collections. However, you must understand how to negotiate with your provider. Here’s how.
First, you should collect any relevant documents. Review Understanding Medical Bills to understand what kind of billing issues you may be facing. Most issues fall into one of these four categories. Once you know which category your medical bill falls into, you can begin the process of negotiating your medical bill. Whether the bill is a single medical procedure or a series of visits, the key to negotiating is understanding your billing issue. Listed below are some tips to help you negotiate your hospital bill.
If you can’t pay your medical bills, you should contact the facility that holds your bill. There may be a repayment plan or bill forgiveness, or some other way to reduce the overall amount. The earlier you contact the facility, the better. If you are unable to pay the entire amount, your account may get behind and your bill may end up in collections. In this situation, contacting your financial aid provider is critical. If you’re unable to pay your medical bills, contact the facility before your bill goes to collections or your payment plan falls behind.