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'An Arm and a Leg': Financial Self-Defense School Is Now in Session [khn.org]

 

By Dan Weissmann, Kaiser Health News, August 10, 2020

When you need medical care, it can be a lot like entering a casino — playing for your financial life with the deck stacked against you.

But in this episode, reporter Celia Llopis-Jepsen offers insight and tips no dealer will divulge. She got a health care executive to talk honestly — maybe more honestly than he realized — about how his company and others are playing the game when they send patients huge bills.

When she investigated one man’s $80,000 bill, here’s what Llopis-Jepsen found:

Providers who took some of the $175 billion in pandemic-related bailout funds that Congress authorized in March had to promise not to ding patients with surprise bills for COVID-related care. But don’t expect your provider to merely tell you if that rule applies in your case. (That $80,000 bill did not include a footnote that said, “Once insurance pays us, you can forget all about this.”)

[Please click here to read more.]

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