Dallas, TX (PRWEB) July 28, 2014
Debt Consolidation USA shares in a recently published article last July 25, 2014 how consumers are getting medical debt and how it is affecting them financially. The article titled ”How To Keep High Medical Debt From Ruining You” gives people some tips on how to avoid racking up high amounts of debt from medical needs.
The article points out in the beginning how the high cost of health care is taking its toll in a lot of consumers even for those with health insurance. It shared statistics from the Association of Credit and Collection Professionals on how 41% of 19 to 64 year old adults are dealing with medical debt. One disadvantage of this medical debt can have an adverse effect on the credit score which limits future credit options.
One way to address the rising cost of medical debt in a consumer’s budget is to shop for options. This works best if the consumer does not need immediate medical attention. It provides the luxury of time to look for high quality care for a low price. This lowers the amount that needs to be paid up for medical costs.
The article also points out that there are urgent care centers that can be looked into as an option in case of emergency cases. This is because as much as the emergency rooms of hospitals are effective, it costs a lot and can rack up medical expenses in a short amount of time. The urgent care centers functions like an emergency but does not cost as much.
It is also best to know the hospitals and doctors that are affiliated with the health insurance company. This ensures that the servicing hospital that the consumer will go to will be able to settle the bill with the health insurance company.
The article also shares how going to medical schools can lower down the medical expenses. It does not mean that a consumer should take up a medical course. It means that inside medical schools, there are clinics that they maintain where students are assigned to dispense the treatments with the supervision of medical professionals.
The rates in these clinics are relatively less expensive as hospitals and the consumer gets to help train future medical doctors. To read the rest of the article, click on this link: http://www.debtconsolidationusa.com/medicalbills/keep-high-medical-debt-ruining.html.