My Story: Medical Bills
contributed by Amber
Can't Afford the Emergency Room Bill
Surviving the Medical Billing Maze
Reducing Hospital Bills
Here is something I learned about dealing with hospitals and insurance companies after my son's birth.
After our son was born, he was diagnosed with seizures, heart murmurs, and apnea. With all the testing and medications, not to mention sleep studies, SIDS monitor rentals, and downloads, we had accumulated over $10,000 worth of medical bills after our insurance paid its portion.
After calling my insurance company, compiling all of his EOBs, and getting a list of our benefits packages, the numbers were just not adding up. I asked for an investigation of the claims, and it turns out that several of the charges billed were in excess of the allowable amounts. This was done through different claims numbers, filing on different dates, and reporting errors. This research had been going on for over a year and was getting very frustrating, not to mention expensive.
Finally, all of the bills were settled and our remaining balance had been written off to just over $1,000. That is over a $9,000 savings. I also asked if the medical offices had a low-income sliding scale to help us pay the remaining balance. All it took was giving the receptionist some information over the phone and we only had to pay just over 40% of that bill!
It is so important to keep detailed information and statements organized and easily accessible. You never know when the bill is going to be outrageous and erroneous. It could end up saving you a good deal of money.
"My Story" is a regular feature of The Dollar Stretcher. If you have a story that could help save time or money, please send it by mailto:MyStory@stretcher.com
Take the Next Step
- To find affordable health insurance visit eHealthInsurance today.
Share your thoughts about this article with the editor. Do you have an idea that wasn't included in the article? Tell us about it: Click Here
Trending on TDS
- Using coupons at The Dollar Tree
- Talking to aging parents about finances Expert Interview
- Baby toys you can make
- How to reduce the cost of lunchmeat
- 5 tips for working at home with kids
- 6 ways to control your back-to-school spending
- 5 big bills you can cut fast
- What you shouldn't (and should) buy in July
- 5 ways kids learn and earn from Minecraft
- 5 ideas for a kid-free mom cave
- In your 30s with kids? You need life insurance
- 4 steps to a simpler (and more frugal) life
- What is the cost of raising a child?
- Spouse income calculator
- Should my spouse work, too?
- College savings calculator
- Home budget calculator