Many people have to deal with major problems if they have unpaid medical costs. These expenses can pose a threat to your home, your savings or your income. Without health insurance, long-term hospital stays can be a financial burden of tens of thousands or hundreds of thousands of dollars. If your correct payment plan does not start before the treatment starts, the unpaid invoice is an important collection process immediately after the end of your treatment. Depending on the country where you live, you can credit your house, savings or other personal belongings to unpaid medical bills.
Even if you have insurance, the financial risk of participation in the payment, large discounts and undeclared treatment may be important. There are cases where external doctors are removed from the network during a process without the knowledge or consent of the patient. Some policies only cover a small part of these costs. Although insurance companies have to pay these costs for the Affordable Care Act, but there are cases where the coverage part is not covered.
If you receive medical treatment that spends dozens or hundreds of thousands of dollars and refuses to claim your insurance company due to an unknown discount, home, doctor, network, treatment or medication that has not been approved? Who pays a doctor and a hospital? If there is no insurance or if the amount is limited, your doctor, hospital or other medical center must ensure that you pay the bill and reduce the amount already paid by your insurance company. Any amount that is not paid by your insurance company is the responsibility of the patient.
What happens if the patient can not pay?
What happens if a large medical bill can not be paid? Generally, the result is a lawsuit that is filed by a hospital or collection agency in which decisions and compliance against home and patient accounts are carried out. In most of the federal states, the part of the employer’s income can be arranged. Many times before reaching this point, the patient provides a personal bankruptcy to stop wages and eliminate medical bills and other loans. This should be the loss of all assets, including savings, real estate and real estate capital. Some of these assets, which are free of bankruptcy, will be transferred to the court and divided between creditors.