Managing Your Hospital Bills During COVID-19

1. Managing Your Hospital Bills During COVID-19 When it comes to medical issues, one thing that stands in between the disease and the treatment is the medical expense. Even though COVID-19 has time and again proved its mortal existence among the people, the COVID hospital bills have caused more fear than the virus itself. But you must note that your life is very precious to abstain from the necessary treatment because of cost. And it is common for people to conclude that there is no way out from the lengthy bills. But again, you should educate yourself regarding the costs of your treatments as well as working with a health care system. This way, you can reduce the out-of-pocket expense related to COVID-19 or other potential health concerns. How to Pay For COVID-19/Coronavirus Testing and Treatment? Luckily, the COVID-19 testing is done free under The Families First Coronavirus Response Act. Nevertheless, the burden of paying for the treatment remains. But to your aid, there are many ways in which you can

2. negotiate your COVID hospital bills. Or at least find a way out to decrease the expenses. But before you seek help or proceed to manage the hospital bills, you must: Examine the Medical Bills Unless you hold a medical degree, it is hard to understand the terminologies used on the medical bills. But you must know how to decipher the bills to comprehend if the total expense is legit or not. So, consider these three factors. 1 The Right Amount: Inspect your bills thoroughly. See that the charges for physician’s fees, procedure, and room are charged similar to what was quoted to you earlier. If you find any discrepancies, then let the hospital billing department know about the mistake. 2 The Correct CPT Codes: If you have been denied payment from the insurance company for something on your bill, then check if the procedure code on your bill matches the treatment you received. If not, then seek immediate help. 3 Inspect For Unreasonable Charges: You must tally the treatments and procedures you received with your medical bill. The chances are high that there may be a different treatment mentioned in your bill than what you have received. Once you understand your bill, proceed with managing it. You can use either of these tips to deal with your medical expenses before the medical expense pushes you towards bankruptcy. 1 Do Not Ignore The Bills:

3. The first step to managing the bill is by not ignoring it. You know that you have been sick, which means you are entitled to pay the fee for the services you received. By ignoring the bills, you may end up making the situation worse. The medical providers will just wait for a few months and then transfer the case to the collection agency. This will lead to the dropping of your credit score. Thus, hurting your chances of borrowing money in the future. 2 Make Arrangements For The Payment: If you aren’t able to pay off the expense immediately, then contact your doctor. This way, the billing department will be able to know that you are aware of your expenses and are not intentionally ignoring it. Then review your existing budget and see what you can afford on your own. Accordingly, keep on paying your bills on a monthly basis by seeking a hospital payment plan. Avoid missing any installments because that may lead to shifting your case to a collection agency. 3 See If You Qualify For Medicaid: Medicaid is a better option for people who have low incomes. Note that the eligibility criteria for Medicaid may differ from state to state. So, make sure to contact the state Medicaid agency to find out your eligibility criteria. Also, Medicaid is only able to offer coverage for a certain time frame after treatment. So, it is important that you apply for it at the earliest. 4 Seek Help From Medical Advocates: There are chances when you may not find a way out. Or you may have bills with unreasonable amounts that are not being revised by the hospital. In such situations, medical advocates like ClaimMedic can offer you the right assistance.

4. They will handle your denied medical claims. They will renegotiate the miscategorized COVID hospital bills. They will also help in resolving the credit-related issue. And since they know which department to talk to about the medical bill issue, you will eliminate your runarounds. Bottom Line The best way to manage your medical bills during COVID-19 is by educating yourself with the benefits you are entitled to. After all, surprising COVID hospital bills is not just a singular case. In fact, many people are directly affected by it. But federal law, state government, and insurers are finding ways to aid people. We hope our article was able to offer you all the information you were looking for. Content source