By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Try These Tips On How To Handle Medical Expense Debt
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Finance > Try These Tips On How To Handle Medical Expense Debt
FinanceHealth care

Try These Tips On How To Handle Medical Expense Debt

John Henning
John Henning
Share
4 Min Read
SHARE

  In an ideal world, sickness wouldn’t exist. Unfortunately, there’s no avoiding getting ill from time to time, and in the US, even the smallest medical complaint can result in a substantial bill. As most medical situations happen out of the blue, it’s impossible to ever really prepare for them – which is why medical expense debt is so common. Getting into debt of any sort is an unpleasant experience, but with medical bills commonly racking up to five figures, you might be left wondering how you’re supposed to pay them off without landing yourself in serious financial trouble. If this is you, try not to panic – there are ways to handle your medical expense debt to cause as little stress as possible. Take a look at the advice below if you’re unsure where to begin:

  1. Work out a plan that suits you

Many medical institutions will be happy to negotiate a payment plan that works best for you, so don’t feel obliged to pay the standard installments that may have been communicated to you. Speak to a representative personally and see how they can help to make payments more manageable for you.

  1. Check for accuracy

Unfortunately, it might just be the case that your medical bills are high, but sometimes the reason why the cost is so inflated is because there’s an inaccuracy. Make sure you haven’t been charged for a treatment you never had, or a medication you weren’t prescribed. If you have reason to believe there’s an inaccuracy in your bills, speak to someone from your hospital or doctor’s clinic as soon as possible.

  1. Don’t resort to credit card payments

You might think that paying off your medical expense debt with a credit card is a good idea – at least it gets rid of the initial debt. But actually, all you’re doing is replacing one debt with another, and it’s far too easy for credit card bills to quickly rack up and become out of hand. Spending too much on credit cards and failing to make repayments on time can really damage your credit score, so avoid at all cost.

More Read

health IT
Health IT Thrives with New Startup Companies
How to Get Prescriptions Online Reliably and Cost-Effectively
Let Strategy Drive Healthcare Marketing Decisions (Part 3)
Cybersecurity Tips for the Health Industry
Family Caregivers: Unsung Heroes of Healthcare in America
  1. Apply for a loan

Loans should only be considered as a last resort, but if you know you’re waiting on payday and need financial support to pay your medical bills before then, there’s no reason why you can’t take one out. There are a number of loans that will be able to help you through a rough financial period, some with better interest rates than others. Learn more about which loan is best for you at Crediful.

  1. Don’t ignore payments

It’s fairly obvious that ignoring payments will only lead to bigger debt, but pretending your medical bills simply don’t exist sometimes feels like the easy way out. It’s difficult, but you have to face your payments head on, or you risk seriously damaging your credit score and racking up an even heftier bill that you’re ultimately going have to pay. If you don’t think you can make your payments on time, there may still be options to you, so always ask for help if you need it. Conclusion Medical debt can be stressful, but there are always solutions to consider. There is always hope for things to get better.

TAGGED:medical debtmedical expense debtmedical expenses
Share This Article
Facebook Copy Link Print
Share
By John Henning
John Henning is a nutritionist, freelance writer, and food blogger that provides accessible nutrition info to help people live a healthier life. His unique approach to nutrition emphasizes nutrient-dense, whole foods and healthy habits rather than restrictive diets.

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

Epidemiological Health Benefits
Personal and Epidemiological Health Benefits of Blood Pressure Management
Health
October 13, 2025
Traumatic Brain Injuries
Understanding Traumatic Brain Injuries: What Families Need to Know
Policy & Law
October 10, 2025
Remote Monitoring touchpoints
Remote Monitoring Touchpoints Patients Will Actually Follow
Technology
October 9, 2025
dental care
Importance of Good Dental Care for Health and Confidence
Dental health Specialties
October 2, 2025

You Might also Like

medicaid
BusinessFinanceHealth ReformHospital AdministrationMedical EthicsPolicy & LawPublic Health

Making a 5% Commitment to Medicaid

November 21, 2013
holistic medicine
Health care

What distinguishes functional medicine from holistic medicine?

May 7, 2021

Health Care Costs and the Medical Malpractice Myth

January 21, 2014
car injury
Health care

Common Injuries You Can Sustain from a Car Accident

November 20, 2020
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?