Medical debt is a different animal than other kinds of consumer debt. Like illnesses, it has a way of developing complications. Between confusing insurance coverage, high deductibles, copays and all too frequent billing errors, medical bills can easily migrate into...
Helping People Get A Fresh Financial Start to Regain Financial Independence
Helpful ideas for paying off medical debt
Medical debt is a major problem for many Indiana residents. Even just a night or two in the hospital or an ambulance ride can result in huge bills that you do not have the money to pay. If you’ve had ongoing treatment, your medical bills can pile up quickly, with...
Survey: Medical debt is a persistent problem for many Americans
In Indiana and across the United States, people have been confronted with a major rise in the amount of money they owe to various creditors. Much of that stems from the recent national health crisis, job loss and reduced income. A major factor in debt is medical...
Could medical debt get debt forgiveness too?
Unless you have been on a news fast, you have likely heard of the recent announcement of student debt cancellation. This has many debt experts wondering if medical debt is next. Student debt relief In August, it was announced that student borrowers would have $10,000...
A medical credit card may not be the best idea
If you are an Indiana resident struggling with high medical expenses or debt, a medical credit card might seem like a good idea. However, a medical credit card is not always the best option, and there are several things you should know before deciding to sign up for...
Don’t forget to check your credit for medical debt
Readers of this blog know that we post about eliminating medical debt often. And, back in May, we posted about how the three major credit bureaus (Equifax, Experian and TransUnion) were changing how they treat medical debt. And, indeed, billions of dollars in medical...
The overwhelming nature of medical debt
Many face the overwhelming struggle of medical debt. Half of all Americans have to deal with the stress of medical debt every day. Those struggling with the strain of medical debt should be familiar with the legal resources that may be able to help and protect them....
Over 100,000 people have their medical debt paid-off
Even with the passage of multiple bills and the revamping of the U.S. healthcare system, millions of us have medical debt, and, for some of us, that debt is crippling. Though for 108,000 of these debtors, they recently had their medical debts paid-off. RIP Medical...
What are some options for paying down medical debt?
All it takes is one surgical procedure or an unplanned trip to the emergency room in Indianapolis for you to be sacked with a hefty medical bill. After all, insurance may not cover everything, or you may have a high deductible to meet before insurance kicks in. The...
Why would I not just pay or negotiate my medical bills?
Most people in Indianapolis go to the doctor or hospital because they have to. In some cases, treatment is necessary in order to protect a person’s life or ability to fully function. In other situations, the alternative to treatment is the possibility of pain,...