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Medical debt can be trickyPosted On Tue, February 28, 2012
Kiplinger recently released a report informing consumers that there are ways to get out of medical debt, but those who have it need to take action.
When a medical bill arrives and it is too high to pay off immediately, it could be a smart idea to call the insurer, the article noted. This will allow the consumer to double-check the bill and discuss any perks that the company offers. There may be hidden savings available.
If a person is looking to improve their payment situation, it could be a good idea to speak with the hospital directly, according to the news source. Payment plans are typically available, and consumers are able to get low interest plans if they act quickly. Leaving the bill unpaid for too long can increase the chance of the bill entering the collections process.
Consumers who are concerned about their medical bills may not have proper health insurance coverage, as there may be more sufficient options available. One of the best ways to do this is to compare health insurance quotes.
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