Expected, or maybe unexpected, hospital bills can be overwhelming and significantly impact the costs of your healthcare. In this episode, we discuss whether it is possible to negotiate with your local hospital and what that means for you and your bottom line. We talk with Simon, whose wife went through a hospital visit while uninsured, and how they were able to negotiate with the hospital to lower their total bill. Then, we will be joined by special guest Alan Fox, a former hospital CFO, who offers his unique insight on the topic and provides tips and actions you can take when dealing with hospital bills.
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3 Responses
I had to visit ER for excruciating abdominal pain, that I suspected was a floating cyst. Hospital confirmed after CT Scan w/ Contrast and Ultrasound. They did not tell me that the CT Scan alone was going to cost $16K, in addition to the over charged Ultrasound, IV, meds etc. What are my consumer rights after the fact? My medical insurance did pay majority leaving me a smaller balance, but still HIGHER than what should be allowed and honestly what I can afford. They offered to settle for 40%, however balance of $900+ would have to be paid within 60 days. When I screeched at that they offered monthly payments for 24 months that when all said and done would cost me over $3K.
This whole scenario is so concerning to the general public. How is this even legal or ethical???
Any assistance is appreciated.
I’d be interested in an answer to this too. My husband just received a ridiculous ER bill. He too was billed $16 grand for a CT scan. WTF?!?! He’s supposed to have a $2000 deductible and they just nailed us with a bill for $3699 after the insurance company negotiated down to 10 grand from a $25000 bill. America is in the toilet. We can’t afford this!
Hello!
This was a podcast that should be heard by the masses!
Instead of wasting time wondering why medical bills have to be so destructive – ask how to fight back… and you are opening the door to valuable information about the buzzwords and practices used by the industry!
Thanks so much!