Medical Bill Negotiation Tips and Reviews – Hire Hospital Billing Negotiator
Tired of fighting medical providers? Hire a hospital bill negotiator. Here we will discuss on medical bill negotiation service and tips. Many of Americans always noticed every year that, insurance premium increasing from 20 to 100 percent for millions of people due to new law Affordable Care Act applied from January, 2014. Insurance plans cover more health care or pay a greater share of a patient’s bill than they do now could add to premiums. It depends on person’s extent coverage. Expensive medical bills are difficult to understand for patients and their family members. Let’s check in details how to cut medical bills with a hospital billing negotiator?
According to research, 62% of bankruptcies are due to medical bills. Amongst them, 92% people have incurred gap of more than $5,000 in medical bills or a hospital bill. Negotiator is a person or institution or organization that provides the facility of lowering medical bill by talking with doctor or hospital.
In current era, this new policy becomes very popular amongst American citizens. Medical Cost Advocate (MCA) is an organization and plays a role of negotiator that provides medical providers to get lower bills. In this way, patients pay less and doctors also get their fees without discrimination. It helps patients in all ways.
Most of the negotiators of MCA know how to deal with doctors and how to negotiate a lower bill and how much procedures cost across the country. Instead of sending more medical bills to patients, they first negotiate with hospital. Normally, people don’t know how much will cost for any treatment or medicine or surgery at the hospital.
Medical Cost Advocate (MCA) charges 35% on bill saving rather than fixed charge. They don’t charge a single penny if there is no saving. For example, if a person has a bill for $750 and MCA gets it reduced by $170. Then the difference of $580 is payable to medical provider. Now MCA will charge 35% of savings of $170 i.e. $59.50. Therefore, net savings will be $110.50. Generally, MCA gets medical bills for $1000 or more.
Most of the people hire negotiator for health surgeries like gastric bypass and cosmetic surgeries because these surgeries are not covered under most insurance policies. Large surgeries also included in this. A typical family spends $1500 per year for medical bills out of their pocket. People should check how much insurance coverage they have for major operation so that person knows what exact amount they have to pay. In one case of Florida’s woman, MCA has reduced her bill for knee replacement from $53,000 to $22,000.
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