Ways to Avoid Medical Bankruptcy

Forget about the pain and medical challenges of ongoing invisible illnesses and autoimmune disorders for a moment. Consider that one of the biggest issues an Invisible Warrior has to face is the actual cost of being sick. Insurance coverages that don’t cover what you think they should, doctors who bill incorrectly, and exorbitant costs of medical procedures in general can all add up to an all-too-common problem today: medical debt. Or worse, medical bankruptcy.

This article from Advance America gives some great information to help you understand how to negotiate medical bills, reduce hospital bills, and cover your medical bills. CLICK HERE to read it.

One thing this article is no longer completely accurate about is that medical debt is no longer going to go against your credit. However, that’s not to say it’s okay to just not pay your bills. If you owe them, you need to figure out a way to pay them; however, do what you can to reduce them upfront.

(The author is not an accountant, a doctor, or an attorney. Consult your financial advisor about your financial circumstances, your doctor about your medical situation, and your lawyer about any legal issues.)