Medical debt is harming people's credit scores with errors in billing and people who survive a near death medical illness only to face the complexity and inflexibility of the medical billing system. A prime example of the complexity of the system in a hospital for a simple procedure. The procedure may require anesthesiologist to put a patient to sleep, bloodwork, primary care doctor referral to have the procedure, x-rays, surgeon, and hospital stay overnight. Some hospitals bill every item individually, and six bills are sent to your insurance or mailbox for each action for one procedure. The system is complex, and impacts the person who survives a serious medical illness to a simple doctor's visit where a billing error happens and resolution by the most credit worthy person can still show as unpaid or negative on their credit report due to an unexplained error. Congress is taking notice and according to Forbes.com is making progress to implement a policy where medical … [Read more...]
