Quote:
Originally Posted by Lucille
Sometimes labs and doctors offices will send bills just to try to shake the tree and see if any money falls out.
|
Read your EOBs (explanation of benefits) that are mailed to you from your insurance carrier. Normally, the providers will submit an amount that's ridiculously high. Then you'll see the amount that the insurance is willing to pay; usually a number that's pre-determined. Most providers will accept the insurance payment, and not bill you for the balance. Of course, you're still responsible for any co-pays and deductibles.
You can ask for itemized bills from the hospital, which will show all charges broken down. It won't show individual items such as gauze pads, bandages, etc., but will list dispensed medications from the hospital pharmacy, anesthetics, surgical supplies, O.R. fees, etc.
EVERYTHING is negotiable! Say you're left with a $10k bill, after insurance and Medicare pay their portion. You can call the hospital billing department and offer them $7k. They'll usually accept reasonable offers to settle. If they won't, tell them you'll pay $25 a month until it's paid off. They can't start collection procedures if you're making timely payments.