canstockphoto8526950Whether you are young or old, there is a good chance that you had to visit the doctor or have been hospitalized for an illness at least once in your lifetime. Once the bill arrived, you asked yourself why is the bill so high and how are you going to pay it. You may be tempted to ignore the bill, but doing this can affect your credit. If you haven’t signed up for Obamacare or your insurance was cancelled for whatever reason, there are ways for you to consolidate your medical expenses.

Here are 7 Simple Ways to Pay Off Your Medical Bills.


1. When you first notice that you are going to have problems paying your medical debt, you should get on the phone right away. Contact the financial department of the medical facility and let them know your situation. Ask if there is a way that you can make monthly payments until it’s paid in full. If you already have a household budget in place, this will give you an idea on the amount that can go towards the medical expenses and when it will be paid off.


2. Check again with your insurance company if you were denied. You should review your policy to be sure what is covered and at what percentage. You have the right to appeal the decision while investigating other means of assistance. There may have been something that was overlooked or other mishaps that have taken place.


3. Most Doctor’s Offices are approachable for debt payments. You can avoid this altogether, by finding out their payment options before your visit. Many offer a credit program to their patients. Make sure you are clear on the amount you will have to pay if you’re qualified. However, if you are denied, then ask about other payment options.

4. Use your credit cards. This should be used with caution. Many credit card companies offer a no interest rate for the first twelve months. You can pay on the Medical Bills and use the first year to work out a plan for getting the credit card paid off before the interest rate is added.

5. Apply for a loan. A loan will help you do a couple of things: consolidate your debt and set up reasonable payments for you. Visit your bank or credit union and ask about their loan program. Credit Unions usually have lower interest rates than credit card companies and medical debt programs. You can decide which day of the month that your payment is due and also negotiate how long it will take to pay back the loan.

6. Seek Government Assistance. It is available to help repay medical debts. If you are unable to work based on a disability, apply for SSI at the Social Security Administration in your local area. If you are qualified, then any outstanding debts will possibly get repaid by Medicaid.

7. Contact a debt consolidation agency. This is a good choice if you have a busy schedule or unable do this on your own. Make sure that you speak with a medical debt counselor before signing any documents. You will be given a list of resources that’s based on your financial situation that can be helpful and it won’t cost you anything to participate.

Paying off your outstanding Medical Bills isn’t difficult. If you use one or more of these methods, this will avoid getting annoying phone calls from the bill collectors and keep your credit in good standing

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