Along with credit card debt, exorbitant medical debts are among the most common reasons why people consider filing for bankruptcy. Even with insurance, an emergency appendectomy or unplanned C-section can cost thousands. Filing for bankruptcy is one option for breaking free of medical debt, but you should also learn how to read your medical bills.
As you’ll learn when you watch this video, about eight out of 10 medical bills contain errors. This expert urges viewers to ensure that they’ve received the correct bill, not someone else’s bill. Then, check for “upcoding,” unbundled fees, and duplicate charges. Don’t hesitate to call the hospital if something is unclear.
At Cutler & Associates, Ltd., it’s our mission to help families throughout the Chicagoland area get back on track after financial setbacks.