In 2014, 28% of insured Americans were unable to receive proper medical care due to high deductible costs. As staggering as this statistic is, it does not even begin to cover the untreated who do not have insurance. Without insurance, you can find the cost of surgery insurmountable.
Fortunately, there may be a form of aid in your state to help cover your costs. Included here are a few options that may be able to help you afford much-needed surgeries.
Health Savings Account
For those who have health insurance but struggle with incredibly high deductibles, an HSA may be just the ticket. HSAs are provided through your employer as a non-taxed form of health care money. Basically, an HSA is an account that your paycheck contributes to before taxes. That money is then earmarked for health related expenses for the remainder of the year.
In most instances of a large purchase, Americans take the time to shop around. You probably didn’t buy the first house or car you see, so why do you accept the first price quote from a doctor? Different hospitals and specialists can charge varying amounts for their surgeries.
Like any other large purchase, take time to shop around before you commit to a surgical procedure. Call different clinics and speak with your insurance to find out about all options. In some cases, it can be wise to get a second opinion before agreeing to a surgery.
Find Out About Financing
You know that financing is available for everything from your couch to your house, so why shouldn’t it be for your medical bills? Many hospitals and clinics will offer long-term financing options that allow you to pay off your bills over time. Often, this financing is available with a decreased interest rate as well. When you face a high medical bill, talk to your doctor and surgeon before beginning treatment.
Receive Charity Care
While some Americans are still firmly rooted in a prideful disposition that does not allow them to accept aid, many others have begun to realize the necessity of asking for help at some point. For many, facing insurmountable medical bills may be the time you reach out for help.
Most states offer charity services that are available to those who fall below a certain income bracket. Qualifying for a low-income charity donation can be as easy as providing proof of income to the hospital or clinic. If the hospital is unable to offer charity help, they may be able to refer you to a local non-profit with similar services.
After you have received surgical services and are facing the medical bills, it may be time to negotiate with your provider. Address your concern over the cost of the bill and offer solutions. You could ask for a 20% discount in exchange for paying the bill in full or by making a large down payment. Simply taking strides to pay off your debt could result in a smaller overall load from some doctors.