Negotiations may lead to lower medical debt obligations | Milwaukee, WI

BREAKING NEWS:   U.S. Department of Justice announces new rules to discharging federal student loans. Find out if you qualify TODAY!

Milwaukee 414-250-7880         Madison 608-465-4594         Green Bay 920-626-3125

Serving all of Wisconsin
Toll-free 866-906-5634  Milwaukee  414-250-7880     Madison  608-465-4594     Green Bay 920-626-3125

Our 3 Step Process

Step 1:
Get Out Of Debt

Step 2:
Clean Up Your Credit

Step 3:
Build Your Score

Home 9 Medical Debt 9 Negotiations may lead to lower medical debt obligations

Negotiations may lead to lower medical debt obligations

by | Jan 21, 2016 | Medical Debt

Many people in Wisconsin are not prepared for the costs of medical procedures. While a visit to an emergency room can cost as much as $700, a hospital can charge up to $10,000 for labor and delivery of a baby, and thousands of dollars can be charged for surgical procedures. However, it is not common knowledge that these fees can be negotiated. The Commonwealth Fund conducted a survey that indicated that 64 million Americans are battling overwhelming medical debt.

It was said that healthcare providers sometimes agree to lower a bill by as much as 50 to 80 percent. It is not uncommon for consumers to shop around for best prices before major purchases, so why not do the same with medical care? With the help of insurance providers and several Internet sources, providers who charge fair prices can be identified, and if such a provider is not in the required network, the lower prices can be used in negotiations with accepted providers.

Negotiating before receiving treatment — unless in emergencies — is said to be more effective than trying to get charges reduced later. Also, some providers offer significantly lower prices for patients who can pay cash, and those without insurance are free to negotiate lower prices for cash payments. Even if prices were not negotiated prior to treatment, requests for lower prices could still be made with the providers. Explaining the circumstances and offering to pay a fair price may bring about the desired results.

If, even after all negotiation efforts, the medical debt remains insurmountable, personal bankruptcy might be considered. An experienced Wisconsin bankruptcy attorney can explain how medical debt can be resolved through one of the options under the Bankruptcy Code. A lawyer can assist a client in determining whether he or she will be eligible to file for Chapter 7 bankruptcy, in which all medical debt will be discharged, or Chapter 13 that will allow the client to pay over an extended period of three to five years according to a court-approved payment plan.

Source:, “How to Negotiate Hospital Bills“, Cameron Huddleston, Jan. 11, 2016

the secrets about bankruptcy they don't want you to know

Complete this form to receive your FREE copy of Attorney Miller’s book, The Secrets About Bankruptcy They Don’t Want You to Know. Order today to begin your personal journey toward true financial freedom.

Sidebar (Book Request)