Reducing Healthcare Costs through Medical Negotiation

Courtesy OutofPocket Blog  Mon, 11/02/2009 - 09:42

This year an estimated 1.5 million Americans will declare bankruptcy, and a study from the American Journal of Medicine suggests that more than 60 percent of people who go bankrupt are actually capsized by medical bills.

Most of these medical debtors are well educated, own homes, and have middle-class occupations; three quarters have health insurance.

However, medical negotiation, the practice of reviewing and negotiating payment of your medical bills and procedures, is providing individuals the opportunity to prevent...


 

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