From CNBC: 2024-09-20 09:53:38

Consumers can challenge medical bills for better financial outcomes. A study shows disputing charges or negotiating can lead to corrections, discounts, assistance, or cancellations in 26% of cases. Most who reached out saw results, including bill changes and cancellations.
1 in 5 adults received inaccurate or unaffordable medical bills in the last year, prompting 62% to contact the billing office. Errors stem from insurance claims, leading to rejected payments. Misunderstandings can have severe impacts like late fees, debt collection, and lower credit scores.
Consumers can save money by asking upfront costs for medical procedures or paying in cash. Requesting itemized bills, questioning errors or duplicate charges, and negotiating based on fair market prices can lead to savings. Keeping a journal of communications with providers is recommended.
Medical bills for seniors often contain errors due to complex systems and multiple sources of insurance. Incorrect claims data, authorization issues, missing documentation, and billing mistakes contribute to unpaid claims. Avoiding medical bills can lead to negative financial consequences like late fees and lower credit scores.

Read more: Why disputing a medical bill may help cut your costs